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Curbed DC: Move Aside, Toasters. Down Payments Enter Bridal Registries.

November 28, 2011

The Bozzuto Group recently announced a new program for people who want to buy one of the homes in their portfolio and it involves up to a free fifteen grand for any lovebirds tying the knot (or starting a domestic partnership). Couples can ask friends and family to donate to a their bridal registry fund and Bozzuto will match up to $15,000 towards the house purchase. There are a few stipulations so click on over for the fine print.

· Bozzuto Bridal RegistryContinue reading

Maryland Gazette: Bozzuto Group Ends Year with Action on New Projects

November 18, 2011

Greenbelt developer on regional building boom

The privately held firm said it expects to begin construction next year on the Esplanade, a 371-unit mixed-use apartment community that will be the first residential rental property in National Harbor in Oxon Hill.

The Peterson Cos. of Fairfax, Va., the master developer of National Harbor, is a partner in the joint venture.

The Esplanade is designed to play up the riverside appeal of the Prince George's County… Continue reading

Multifamily Executive: Top 10 Multifamily Developers of 2011

November 17, 2011

What goes up must come down.

That’s the tale of monthly multifamily housing unit starts, which have traditionally shown volatility due to seasonality and the long-term nature of obtaining permitting and approval for apartment communities. Today, the National Association of Home Builders (NAHB) announced an 8.3 percent decline in multifamily starts in October, following an “unsustainably large gain” of 51.3 percent in August.

The good news is that the annualized… Continue reading

Multi-Housing News: Work Starts on Monroe Street Market in D.C.

November 14, 2011

Ground has been broken for the multi-phase, multi-use Monroe Street Market in Washington, D.C., which will include 720 multifamily residential units and 45 townhomes, along with a number of commercial property uses. The goal, according to developers The Bozzuto Group, Abdo Development and Pritzker Realty Group, is to create college-town-style Main Street.

That’s a fitting notion, since the development is located on 8.9 acres of Catholic University’s campus in… Continue reading

Baltimore Business Journal: Bozzuto Group to Build $57M Apartment Complex at Waugh Chapel

November 11, 2011

Bozzuto Group is building a 298-unit apartment complex at the new phase of the Waugh Chapel retail project in Gambrills.

The Greenbelt developer broke ground Nov. 7 on The Arcadian at Waugh Chapel, a $57 million, four-story building at Greenberg Gibbons Commercial Corp.’s Waugh Chapel Towne Centre.

The 1.2-million-square-foot mixed use complex rising off Crain Highway in Anne Arundel County will be anchored by Target, Wegmans and a… Continue reading

Washington Post: Development Gods Smile on Catholic University

November 10, 2011

Catholic University, developer Jim Abdo and partners from Bozzuto and Pritzker Realty celebrated the groundbreaking of Catholic University’s Cardinal Hall Wednesday, a project that will deliver 720 residential units, 80,000 square feet of retail and 15,000 square feet of artists’ studio space.

In short, it is an attempt to create a college main street for a university that is next to the Brookland Metro station but which has nothing of the sort. As… Continue reading

WUSA 9: Sense of Community Emphasized at Campus Groundbreaking

November 09, 2011

Monroe Street Market — a $200 million mixed-use development on The Catholic University of America’s southern edge — will unite the University and surrounding neighborhoods, several speakers said this morning during a groundbreaking ceremony for the project.

The University has partnered with developer Abdo Development, residential real estate company The Bozzuto Group, and real estate investment company Pritzker Realty Group on the project, which will ultimately… Continue reading

Citybizlist Washington DC: Bozzuto, Abdo, Pritzker Break Ground on Monroe St. Market

November 09, 2011

The Bozzuto Group, Abdo Development and Pritzker Realty Group broke ground Wednesday on the $200 million multiphase development that will transform The Catholic University of America's South Campus into a vibrant, mixed-use community.

The multi-phase development is located on five city blocks in Washington, D.C., adjacent to the Brookland-CUA Metrorail station and just three miles north of the U.S. Capitol. Financing consists of a construction… Continue reading

Bisnow DC: Big Day in Brookland

November 09, 2011

This morning we snapped Bozzuto chairman Tom Bozzuto, Abdo founder Jim Abdo, DC Mayor VinceGray, Catholic University president John Garvey, DC councilmember Harry Thomas, and Brookland neighborhood commissioner Charita Brent at the groundbreaking for Monroe Street Market, the first major commercial development to kick off around Catholic U in over 25 years. Mayor Gray: "This project is a prototype for constructive relationships between universities and communities." It's being built with no public… Continue reading

DCmud: "College Main Street" for Catholic University Breaks Ground

November 09, 2011

The Bozzuto Group and Abdo Development broke ground today on the joint $200-million development "Monroe Street Market," an undertaking that will create a 9-acre, mixed-use village surrounding a new "college main street" to serve Catholic University of America (CUA) in Brookland.

By offering the South Campus land for development, CUA "did the opposite of what many universities do, and put the land [five city blocks] back into the city's tax base" said Jim Abdo, who… Continue reading