US-Based Developer Poised for Exponential Growth
Washington, DC – January 13, 2022 – Bozzuto Development Company, recently named a Developer of the Year by Multi-Housing News (MHN), has just begun construction on its seventh community since the start of the pandemic. Despite the ongoing and ever-evolving challenges associated with COVID-19, Bozzuto Development currently has more than $1.5B in active multifamily projects, with another nearly $1B in their project pipeline.
Bozzuto Development continues to expand on the East Coast with four new projects in Massachusetts and Pennsylvania, garnering success through collaborative public and private partnerships, and by delivering on a promise to enhance the communities they serve.
In addition to tremendous growth in development, Bozzuto has also expanded its other divisions. In 2021, Bozzuto Management Company expanded its footprint to the West Coast, with a focus on major gateway markets in California and Washington. In 2021, Bozzuto Construction Company has also experienced incredible growth, having achieved $1B in committed work. As experienced builders and developers of both luxury and affordable communities, Bozzuto continues to grow its portfolio which includes transit-oriented developments, affordable, urban infill, mixed-income, high-rise, mixed-use, senior living, and campus-adjacent housing.
Bozzuto Development President Mike Henehan commented, “This robust amount of activity will allow us to leave a positive, lasting impact on the communities we serve. We will continue working passionately with our partners and team members to bring new levels of design and innovation that transform not only our business, but the industry as a whole, through the execution of our impactful, thoughtful and imaginative projects.”
Bozzuto’s development and construction companies have their sights set on expansion into Florida, where Bozzuto Management has made its mark by providing best in class service and creating extraordinary experiences for its residents.
“We are grateful for the unwavering support of our trusted partners and clients. Together, we have been able to continue to do what we love, which is developing vibrant communities across the country,” said Bozzuto President and CEO Toby Bozzuto. “As we look to the future, we remain bullish on multifamily development and look forward to creating communities where our success is measured by more than the bottom line, but also by the positive impact we make on cities and the people we serve.”
Bozzuto is an experience-focused real estate company distinguished by their innovative developments, dedicated customer service, and top-rated workplace culture. With award-winning expertise in homebuilding, multifamily development, construction, and management, Bozzuto is devoted to delivering extraordinary experiences for those they serve.
Since their founding in 1988, Bozzuto has developed, acquired, and built more than 50,000 homes and apartments. Celebrating 33 years of creating sanctuary for their residents, Bozzuto currently manages 85,000 apartments and 3 million square feet of retail space across the U.S. www.bozzuto.com
CONTACT: Chintimini M. Keith
Vice President, Corporate Communications