Multi-Housing News: Bozzuto Begins a Mixed-Use Project in D.C.
October 04, 2012
The Bozzuto Group has broken ground on its latest development, Cathedral Commons, a mixed-use asset that will include 137 apartments, eight townhomes, 128,000 square feet of retail and more than 500 parking spaces. The development is centered around a state-of-the-art Giant Food.
“Through Cathedral Commons, we will create in Northwest Washington, D.C. a mixed-use community where residents can enjoy a wealth of conveniences just outside their front door,” says Tom Bozzuto, chief executive officer of The Bozzuto Group. “We are honored to have the opportunity to help bring to fruition a new vision of urban community planning and development to the District of Columbia.”
The $130 million project is a joint venture between Bozzuto Development Company, Southside Investment Partners and Giant Food of Landover, Md. Though Giant Food has had a store location at the site for the last 50 years, the new store will feature floral, bakery, meat, seafood and deli departments. The remainder of the prime street-front retail space is being leased by H&R Retail.
The residences are on schedule to deliver in fall 2014. Amenities will include a hotel-style lobby, lounge areas, a library, fitness center, clubroom with bar, resident courtyards, and a rooftop deck with views of the National Cathedral.