July 21, 2011
Green building and brownfield development are walking hand-in-hand these days, with urban infill projects likely to take a lead in the multi-housing comeback. The availability of land close to urban transit centers is diminishing, and the existing sites near these hubs are often perceived as being environmentally challenged.
At the same time, public sector incentives are poised to play an even more important role as catalysts that can fill funding gaps. In… Continue reading
July 01, 2011
Two local developers are teaming up on a $75 million redevelopment of the former Nevamar formica plant in Odenton, where they’re hoping to tap into a rising demand for apartments.
StonebridgeCarras and the Bozzuto Development Group plan to break ground this fall on the Flats 170 at Academy Yards, a 369-unit apartment complex at Telegraph and Annapolis roads in Anne Arundel County. The apartments are just the first phase of the 55-acre site’s… Continue reading
June 10, 2011
Maryland companies working to make state leader in green building
Constructing more energy-efficient and environmentally friendly buildings is becoming a major money-maker for some Maryland companies.
For example, Morgan-Keller Construction in Frederick says the percentage of its “green” building projects has jumped from 25 percent to more than 75 percent during the last few years.
But overall, Montgomery, Prince George’s, Frederick and Charles counties collectively… Continue reading
June 03, 2011
Greenbelt developer Bozzuto Group plans to break ground in September on a $68 million apartment complex in Fells Point, marking the home builder’s largest start since 2008.
Bozzuto subsidiary Bozzuto Development Group plans to seek building permits in the next few weeks for Union Wharf, a 281-unit project to be built at Thames and Wolfe streets. The Baltimore City Planning Commission approved final designs for the project May 19.
Bozzuto… Continue reading
June 02, 2011
Additional joint-venture funds could be forthcoming from Chicago-based high net-worth investors.
With two joint-venture funds currently deploying equity into multifamily investments across the Eastern United States, Chicago-based Pritzker Realty Group could be adding similar JVs in the West as the company borne from the Pritzker family that founded Hyatt International in 1922 looks to rebuild its apartment portfolio after selling… Continue reading
May 23, 2011
The Fitzgerald, a mixed-use residential and retail development in Baltimore’s Mount Vernon cultural district, has been named as one of 10 winners in the Urban Land Institute’s Awards for Excellence: The Americas competition.
More than 140 entries throughout North and South America competed for the prestigious award, which is widely recognized as the land use industry’s most prestigious recognition program. The Fitzgerald, built on 4.6 acres of land owned by the… Continue reading
May 23, 2011
The Bozzuto Group has garnered the U.S. Green Building Council’s LEED Silver certification for The Fitzgerald and Riverwalk at Millennium, residential properties in Baltimore and suburban Philadelphia, respectively, and the designations put the developer at the forefront in both metropolitan areas.
The awards come as no surprise to the green building community. “Bozzuto has a long track record of concern for the environment, Stuart Kaplow, chair of USGBC’s… Continue reading
May 21, 2011
It feels wrong to slouch while walking into the lobby of the Mariner Bay apartment building in Annapolis Towne Centre, operated by Bozzuto Management service. The high-ceilinged lobby is grand in the sleek sophisticated style of posh, early 20th-century apartments on Manhattan's Upper East Side - or how we imagine them to be.
Pushing through a tall double set of doors, one dances around the oversized circular concierge stand. Maybe a package arrived today? The… Continue reading
May 16, 2011
The Bozzuto Group has earned LEED certification from the U.S. Green Building Council (USGBC) for two residential developments in its portfolio. The Fitzgerald (see photo) a mixed-use community in Baltimore’s Mount Vernon district, has received LEED Silver Certification and Riverwalk at Millennium, an apartment community in suburban Philadelphia, has received LEED Certification.
Both properties were developed by Bozzuto Development Company, built by… Continue reading
May 16, 2011
Greenbelt, MD-based The Bozzuto Group has earned LEED certification from the U.S. Green Building Council (USGBC) for two residential developments in its portfolio:
- The Fitzgerald, a mixed-use community in Baltimore's Mount Vernon district, has received LEED Silver Certification, and
- Riverwalk at Millennium, an apartment community in suburban Philadelphia, has received LEED Certification.
The Fitzgerald is the largest LEED-certified… Continue reading