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Latest News

The Daily Record: Developer Says Fitzgerald Already Exceeding Hopes

July 20, 2010

Standing tall at the edge of the Jones Falls Expressway near Maryland Avenue, the ultra-modern angles of The Fitzgerald apartments seem an unlikely symbol to weld the future of Mount Vernon with a slice of its historic past rooted in the romance of the 1920s Jazz Age.

Yet that’s what the University of Baltimore is hoping to accomplish when the development named after writer F. Scott Fitzgerald fully opens later this summer.

“This project embraces the… Continue reading

Multi-Housing News: Social Media Marketing Fact and Fiction

June 25, 2010

Social media marketing continues to generate buzz in the apartment industry and beyond. In her first five months, lifestyle guru Martha Stewart attracted over one million followers on Twitter—and she spends only five minutes a day on this marketing activity.

According to a study conducted last year by Cone, LLC, 60 percent of [American] companies have incorporated social media into their marketing strategies and 93 percent of companies believe they should have a… Continue reading

Multi-Housing News: The Bozzuto Group Opens Doors to New Pennsylvania Apartment Development

June 01, 2010

The Bozzuto Group announced the completion and grand opening of 100 Park at Wyomissing Square, a new apartment community located in the heart of Wyomissing Square in downtown Wyomissing, Pa., located in Berks County near Reading.

Wyomissing Square is a new, mixed-use development consisting of 32,000 square feet of new, Class A retail, and a new 135-room Courtyard by Marriott hotel. The Viva Bistro & Tapas Lounge and Berkshire… Continue reading

Reading Eagle: Opening Held for Apartments in Wyomissing

May 25, 2010

The developer of 100 Park at Wyomissing Square held a grand opening of the apartment complex on Monday.

Wyomissing Square is a mixed-use development on the site of the former Textile Machine Works, which also contains Viva Bistro and Tapas Lounge and Berkshire Professional Center. A Courtyard by Marriott Hotel and 32,000 square feet of retail space also are planned.

The Bozzuto Group, Greenbelt, Md., is the developer of 100 Park, located at 100 N. Park Road.

"It is… Continue reading

Baltimore Business Journal: Toby Bozzuto Named to Board Overseeing Md. Health, Higher Education Facilities

May 21, 2010

Baltimore developer Thomas “Toby” Bozzuto Jr. has been tapped to serve on a state commission overseeing health and higher education facilities.

Gov. Martin O’Malley appointed Bozzuto to a seat on the Maryland Health and Higher Education Facilities Authority. The son of Bozzuto Group CEO Thomas S. Bozzuto replaces Willard Hackerman, CEO of Whiting Turner.

The authority aids hospitals and universities in their efforts to… Continue reading

Washington Business Journal: Work Starts on Rhode Island Station in D.C.

May 18, 2010

D.C. Mayor Adrian Fenty on Tuesday broke ground on the 8.5-acre, $107 million Rhode Island Station development planned for a pair of existing parking lots at the Brentwood Metro station in Northeast D.C.

The mixed-use, transit-oriented project of Bethesda-based Urban Atlantic and Baltimore-based A & R Development Corp. will feature 274 residential units, 70,000 square feet of retail — 10 percent reserved for local businesses — a community center, two… Continue reading

Tax Credit Advisor: The Celebration Continues; Construction Costs Likely to Stay Lower This Year

May 01, 2010

By Mike Schlegel, President, Bozzuto Construction Company

“Where are cap rates headed?” That question echoes off the walls at just about every real estate industry cocktail hour. These days, however, I’m hearing a different question reverberate amidst the clinking glasses: “What lies ahead for construction pricing?”

The truth is, with multifamily housing project deliveries at a 10-year low, many… Continue reading

Multifamily Executive Magazine: Tom Bozzuto Offers Lessons for Recession Survival

April 15, 2010

The chairman of The Bozzuto Group, who has 40 years of real estate experience, suggests being honest with yourself, choosing partners carefully, and keeping up your investments.

Ask Tom Bozzuto, and he’ll simply say he’s a born optimist.

But the chairman of Greenbelt, Md.-based The Bozzuto Group, is also a real estate veteran, with 40 years of experience under his belt. So the recession survival guide he offered a group of apartment finance… Continue reading

Washington Business Journal: Rhode Island Station Moves Forward

March 17, 2010

The District plans to finalize financing for Rhode Island Station, a transit-oriented mixed-use development near the Rhode Island Avenue Metro station, with A&R Development Corp. and Urban Atlantic, Deputy Mayor for Planning and Economic Development Valerie Santos told a D.C. Council committee Tuesday.

The developers of the $90 million-plus project, nearly a decade in the making, are expected to announce a ground breaking date in a month’s time.

Rhode… Continue reading

The Gazette: Fitzgerald Billed as Baltimore's Biggest Green Apartment Community

February 05, 2010

The Bozzuto Group announced that it is building The Fitzgerald at UB Midtown as the largest certified "green" apartment community in the Baltimore area.

The mixed-use development, which will include 275 apartments, 24,000 square feet of street-level retail and a 1,245-space parking garage, is being constructed for certification under the U.S. Green Building Council's Leadership in Energy and Environmental Design program. The Fitzgerald garage… Continue reading