April 26, 2013
Programs put a portion of monthly rental payments toward buying a house
In the long-standing debate between renting and owning, Ashley and Matthew Klein may have found the best of both worlds.
The Annapolis, Md., couple have rented a one-bedroom at Bozzuto’s Mariner Bay apartments since 2010 (1910 Towne Centre Blvd., Annapolis, Md.; 877-584-6145). When they decided to buy, they learned they could get credit for all those months of rent checks — to the tune of $10,000.… Continue reading
February 15, 2013
Do not expect a replica of the Bozzuto Group’s Fitzgerald or Union Wharf apartments to be built at the former General Electric Co. site in Locust Point.
For this project, the Bozzuto Group is “ripping up all the old plans,” said Toby Bozzuto, president of the Greenbelt-based development firm. “We always want to be redefining what the best is. We always want to be pushing.”
Bozzuto will partner with Solstice Partners LLC to develop… Continue reading
November 17, 2012
It has been one of the longest battles over a grocery store that many can remember.
More than 10 years after the first proposal to build a new Giant Food store was put on the table, ground finally broke.
Eleanor Oliver has lived in the Northwest neighborhood near the National Cathedral for more than 50 years. She remembers the first plans for the new store on Wisconsin Avenue.
"They were big, they were ugly, they didn't offer that much," said Oliver. "All… Continue reading
November 15, 2012
Demolition to make way for Cathedral Commons is now underway both officially and physically. Bozzuto held a press conference this morning to celebrate work that began quietly this week to demolish two city blocks and replace it with a mixed-use development and Giant supermarket. The 4-acre, $130 million project will add an improved, larger Giant as well as 137 apartment units, 8 townhouses, and a concourse with 125,000 s.f. of street front retail space.
Construction work… Continue reading
November 15, 2012
After a dozen years of neighborhood battles, officials broke ground on Cathedral Commons, a large new development in northwest D.C.
It was a typical 1950s shopping area – small scale with lots of parking – but it was outdated for decades. Now, after a dozen years of zoning fights, lawsuits and neighborhood battles --… Continue reading
October 17, 2012
A wealth of conveniences just outside residents’ front doors is the promise of Cathedral Commons, now under construction in northwest Washington, D.C. Developed by Greenbelt, Md.-based real estate services firm The Bozzuto Group, and centered around a state-of-the-art Giant Food supermarket, the mixed-use community will feature 137 apartments, eight townhomes, 128,000 square feet of retail and more than 500 parking spaces.
The $130 million project is… Continue reading
October 16, 2012
The Bozzuto Group recently broke ground on a mixed-use project in Northwest DC, Cathedral Commons, having secured $91 million in construction and permanent financing. Cathedral Commons will include 137 apartments, eight townhomes, 128,000 square feet of retail, and more than 500 parking spaces. The project will be anchored by a 56,000-square-foot Giant Food. The $130-million project is a joint venture between Bozzuto Development, Southside Investment Partners and… Continue reading
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… Continue reading
September 14, 2012
While the home sales market may still be struggling to recover from the crash of five years ago, the rental industry is flourishing, and at the center of the boom is Thomas S. Bozzuto.
Bozzuto, 65, is chairman and CEO of the Bozzuto Group, a privately held integrated real estate services organization that generates about $1 billion in annual revenues. Spread over six companies, the Greenbelt enterprise comprises management, homebuilding,… Continue reading
June 06, 2012
The Bozzuto Group is focusing on Baltimore and Washington, D.C’s Northeast Brookland neighborhood as some of the hotspots for Gen Y renters in upcoming years.
By building modern, luxurious properties where resident safety is a priority, the company hopes to revitalize some of the landscape in those areas, while still maintaining a city feel for residents. Here’s a look at Bozzuto’s developing Union Wharf and Monroe Street Market properties:
The… Continue reading