April 24, 2011
Housing builders are scouring Tysons Corner for development sites and talking to large landowners about partnering on apartment projects, as banks have shown more willingness to finance rental housing than other types of development.
The interest is alleviating concerns that major landowners would resist building new housing in Tysons, leaving the area an office canyon, albeit a more urban one.
“It’s sort of the perfect storm right now of… Continue reading
April 01, 2011
At 10:30 on March 31, The Bozzuto Group unveiled and demonstrated two electric vehicle charging stations at the Fitzgerald Apartments. These charging stations, made by SemaConnect, are the first public electric vehicle charging stations in a residential community in Maryland. They can be used for any mass-produced electric or plug-in hybrid vehicle including the Nissan Leaf, the Chevy Volt, and the plug-in Toyota Prius.
The unveiling… Continue reading
April 01, 2011
Drivers Can Charge Electric Cars With Automatic Payments
If you're thinking about buying an electric car, and you live or work in Baltimore, it just got a lot more convenient to recharge.
One of the state's first public charging stations was unveiled Thursday in Mount Vernon.
The two ChargePro stations are located inside the Fitzgerald parking garage. They were installed by SemaConnect.
The charging stations are like gas pumps for cars with electric… Continue reading
March 31, 2011
You may have considered buying an electric car, but asked, ”Where will I plug it in?”
Suzanne Collins reports a new green apartment building in Baltimore has the answer.
At the Fitzgerald Apartments parking garage in Mount Vernon, two charging stations for electric cars were unveiled.
“I think what we’re seeing is a revolution. What we’re seeing is for 100 years cars have been filled with fossil… Continue reading
March 31, 2011
Another 65 state-funded plug-in stations due by June
Baltimore city's first public electric-vehicle charging stations debuted Thursday in a Mount Royal parking garage, as places begin to pop up across the Baltimore-Washington area to plug in the new battery-powered cars trickling off automakers' assembly lines.
The developers of the Fitzgerald, a recently opened apartment building on Mount Royal Avenue, installed two charging stations in the… Continue reading
January 20, 2011
The decidedly warm Southern California desert didn’t stand a chance against the hot prospecting and fevered optimism felt by apartment industry executives who swarmed the La Quinta Resort & Spa in Palm Springs this week at the National Multi Housing Council’s jointly held Apartment Strategies Conference and Annual Meeting. But the more than 1,500 attendees should heed warning: The excitement can’t cover up continuing… Continue reading
January 19, 2011
PALM SPRINGS, CA-The demise of the homeownership dream is potentially the best thing to happen to multifamily last year. After all, every percentage point drop in the homeownership rate means another million households moved over to the rental pool. This is setting up the market for a very good few years, concurred the participants in a session focusing on submarkets across the country during the National Multi Housing Council’s Apartment Strategies Conference, which… Continue reading
December 17, 2010
People need a place to lay their heads after the work day’s done, even in a recession.
That simple premise has given rise to a surge in new apartment construction in Greater Baltimore in the past three months, as developers look to take advantage of rising foreclosures, federally funded aid programs, and what most builders see as a shortage of affordable rental housing.
Permits for multifamily buildings in the Baltimore-Washington region… Continue reading
December 15, 2010
The Greenbelt-based Bozzuto Group is teaming up with fellow D.C.-area developer Peterson Cos. to bring a 350-unit apartment complex to National Harbor, the first planned rental property at the Prince George’s County mixed-use development.
Stuart Prince, the residential development director for the Peterson Cos., said his company had achieved enough of a permanent community to move ahead with plans to add rental units to the 300-acre waterfront development. He said 75… Continue reading
December 14, 2010
Two DC real estate families--the Bozzutos and the Petersons--are teaming up to build an apartment building at the Peterson Cos.' National Harbor mixed-use development. The development costs for the project, which will include 25,000 square feet of retail is $89 million, Toby Bozzuto tells GlobeSt.com.
The project came about when the Petersons reached out to our family earlier this summer, Bozzuto says. "We jumped on the opportunity because National Harbor is an… Continue reading