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Latest News

Bisnow DC: National Harbor Adds Missing Link

May 09, 2013

http://www.bisnow.com/commercial-real-estate/washington-dc/national-harbor-adds-missing-link/

National Harbor has a glimmering conference center, tons of new office and retail space, and that beautiful waterfront view. (Not to mention Bobby McKeys—which is both our favorite dueling piano bar and our least favorite place to take a piano lesson.) But an apartment complex has eluded the development. Until now.

We snapped a couple of company namesakes, Bozzuto Group chairman Tom… Continue reading

DCMud: Renderings Released of National Harbor’s First Apartment Project, Delivery in 2015

May 08, 2013

http://dc.urbanturf.com/articles/blog/groundbreaking_today_of_the_esplanade_in_national_harbor/7037

On Wednesday morning, Peterson Companies and Bozzuto Development Company broke ground on The Esplanade, a 262-unit apartment building in National Harbor at 250 American Way.

While National Harbor has a few condo buildings and townhouses, The Esplanade is the first apartment complex for the area. National Harbor falls in the category… Continue reading

Washington Business Journal: Bozzuto to Break Ground on National Harbor Apartments

May 07, 2013

The Bozzuto Group and the Peterson Cos. plan to hold a groundbreaking ceremony Wednesday on the Esplanade, the first apartment building to be developed at the National Harbor in Prince George's County.

Bozzuto and Peterson plan to spend about $70 million to develop the building at 250 American Way, which will be built by Bozzuto Construction Co. and managed by Bozzuto Management Co. The 262-unit apartment building is slated for completion… Continue reading

Odenton-Severn Patch: Flats170 Now Accepting Leases

May 05, 2013

You can now lock in to live at one of the new apartments on Telegraph Road.

It's now possible to secure a lease at the Flats170 at Academy Yard apartments.

Bozzuto Group has opened a leasing office at the site along Telegraph Road, and residents may be able to move in later this year.

There are seven buildings under construction with 30 different floor plans with studio, one-bedroom and two-bedroom apartments. In all, Flats170 will have 369 apartments.

Flats170… Continue reading

Commercial Property Executive: Stars to Watch -- Toby Bozzuto

April 16, 2013

Memorable Achievements: Working with the development group to start more than 2,500 apartment units valued at over $650 million in the past one-and-a-half to two years—the most prolific in the Mid-Atlantic developer’s 25-year history. Formulating a $150 million equity fund in partnership with Pritzker Realty Group in 2010, during the depths of the recession. Since then, Washington, D.C., has taken off as a favorite market among investors, and the wisdom of the… Continue reading

Washington Business Journal: Bozzuto Group Sets Stage for New Generation

February 25, 2013

The Bozzuto Group announced several changes to its leadership team last week that could set the stage for homebuilder Tom Bozzuto to hand the reigns of one of the Washington region’s largest private companies to his son.

Bozzuto, ranked by the Washington Business Journal as Greater Washington’s eighth-largest company with $1.1 billion in 2011 revenue, announced Feb. 20 that Toby Bozzuto will step into a newly created position as company president.… Continue reading

Baltimore Business Journal: The Bozzuto Group Shakes Up Leadership

February 21, 2013

A longtime Bozzuto Group leader is stepping down, and a pair of up-and-coming executives are taking on new roles with the company.

John Slidell, a co-founder, vice chairman and president of Bozzuto Land Co., will step down April 5. Slidell will remain involved as an owner and investor and will represent the company in "select endeavors," according to a statement released by the company. He is scaling back his involvement to "pursue other interests," the… Continue reading

Baltimore Business Journal: Bozzuto - Locust Point Apartment Complex Will be 'Off the Charts'

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

Washington Post: Can Construction Hiring Propel the Washington Region’s Economic Recovery?

February 12, 2013

Although steady job growth in the construction sector has recently spurred optimism about the strength of the nation’s economic recovery, economists and local construction executives say the industry is poised to make only modest contributions to the growth of the Washington region’s labor market this year.

These forecasts reflect the unique composition of the Washington area economy: Its housing market has room for improvement, but… Continue reading

Baltimore Sun: O'Donnell Heights Redevelopment to Begin

January 31, 2013

Development team closes on $20 million in funding, clearing way for construction

The team picked to redevelop the 62-acre O'Donnell Heights public housing project in Southeast Baltimore has started construction after closing on $20 million in funding for the rental homes in phase one.

The Michaels Development Co. and AHC Greater Baltimore, the master developers, said Thursday that Bozzuto Construction Co. will build 76 townhomes with funding secured in January. The… Continue reading