June 21, 2013
Driving past Bozzuto Group’s Union Wharf project on Wolfe Street in Fells Point, you’d hardly guess the building is poised to become one of the city’s premiere apartment buildings.
Its brick facade, sloping setbacks of the upper-floor terraces and absence of flashy materials make the… Continue reading
June 19, 2013
Greenbelt-based developer The Bozzuto Group has added another unique property to its portfolio of luxury apartment buildings in Baltimore.
The $72 million complex, called Union Wharf, consists of 281 residential units in a new, waterfront Fells Point building.
“Bozzuto really wanted to make this… Continue reading
June 18, 2013
The Bozzuto Group is five months from completing the company’s $72 million Union Wharf project, and more than 90 units of the 281-unit building are leased. Thirty-five tenants already have moved in.
“It’s been by far the fastest lease-up pace of any Baltimore project we’ve had," Bozzuto President Toby Bozzuto said… Continue reading
June 18, 2013
Fells Point meets Harbor East.
Geographically, that’s a stretch at Union Wharf, The Bozzuto Group’s new apartment development at Thames and Wolfe streets in Fells Point. But as the first residents of the $72 million, 281-unit project arrive this month, they are moving into units that are unusually upscale for this former working-class community, mirroring a similar… Continue reading
June 05, 2013
On Tuesday Tom Bozzuto, chairman and CEO of The Bozzuto Group and chairman of the National Multi Housing Council, testified before a House Energy and Commerce Subcommittee regarding the economic strength of the apartment industry.
Bozzuto's mission was to describe how important and entrenched the multifamily industry is in the economy. To that end, Bozzuto provided the expected statistics ("the apartment industry is a competitive and robust $1.1 trillion industry that helps 35… Continue reading
June 04, 2013
A developer who has built several high-profile apartment projects in the Baltimore area testified about the vitality of that market before a House Energy and Commerce subcommittee in Washington on Tuesday.
Tom Bozzuto, chairman and CEO of The Bozzuto Group in Greenbelt, told members of Congress that the housing rentals are a $1.1 trillion industry that have 35 million residents today.
Bozzuto’s testimony was part of a presentation by the National Multi Housing Council and… Continue reading
June 04, 2013
Multifamily housing development can be a key plank in a thriving economy, insisted Tom Bozzuto, the chairman of the National Multi Housing Council, in the nation’s capital today. And, last year, there was a 50% lag between supply of new apartments and a demand level that stood at 300,000, his company, The Bozzuto Group, said.
He was speaking before a House Energy and Commerce subcommittee in Washington, D.C., according to a press release issued by the… Continue reading
June 01, 2013
Toby Bozzuto seemed headed for a career in the music industry.
The son of Thomas S. Bozzuto, a founding partner of developer The Bozzuto Group, Toby Bozzuto interned for Blues Traveler in college, working in the band's management office in Carnegie Hall. Then for two summers he worked for Sony Music Entertainment's college music division, handling grass-roots marketing in upstate New York from his dorm room.
"My fraternity brothers loved the boxes and boxes of CDs I got… Continue reading
May 10, 2013
When Tom Bozzuto founded The Bozzuto Group 25 years ago, his goal was simple: to build the best real estate company in America. There was only one way to go about getting that done.
“Your customers cannot have a good experience if your employees don’t enjoy where they work and don’t believe in what you stand for,” said Bozzuto, who leads the company’s strategy.
Tom’s son Toby, who left J.P. Morgan Chase 12 years ago and now serves as the president of… Continue reading
Multi-Housing News: The Bozzuto Group and Peterson Companies Break Ground on the Esplanade at National Harbor
May 10, 2013
Financing has been completed and construction begun on The Esplanade at National Harbor, an apartment building to be developed at National Harbor in Washington, D.C. The announcement was made by the two locally based, privately owned development companies involved in the project, Peterson… Continue reading