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Latest News

Washington Post: Tysons Corner Apartments Coming Quickly, But in Small Doses

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

The Examiner: Maryland's First Residential Community Electric Vehicle Charging Stations

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

NBC Baltimore: Electric Car Charging Stations Installed In Baltimore

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

CBS Baltimore: Apartment Building Allows Electric Cars To Charge Up

March 31, 2011

Click here to view the video segment piece of this story.

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

Baltimore Sun: Baltimore's First Electric-Vehicle Charging Stations Debut

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

Multifamily Executive: Industry Shows Exuberance at NMHC, but is the Optimism Too Much?

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 Peeling Away the Layers of the Recovery

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

Baltimore Business Journal: Supply May Soon Catch up with Demand for Apartments

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

The Daily Record: National Harbor Getting Apartments

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 Bozzuto, Peterson Partner on $89 Million Project

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

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