The Bozzuto Group Commences Construction on Mixed-Use Cathedral Commons Project

The Bozzuto Group Commences Construction on Mixed-Use Cathedral Commons Project

GREENBELT, MD - The Bozzuto Group, a Greenbelt, MD-based real estate services company, announced the official construction commencement of its latest development, Cathedral Commons, a mixed-use community that will include 137 apartments, eight townhomes, 128,000 square feet of retail, and more than 500 parking spaces, all centered around a state-of-the-art Giant Food, the grocery market-share leader across the Washington metropolitan region.

"Giant is very pleased to collaborate with our development partner, The Bozzuto Group, to build Cathedral Commons. For the past several months we've been hard at work completing various site mobilization efforts and are very excited construction is now underway," said Anthony Hucker, president, Giant Food of Landover, Md. "We've been part of this vibrant neighborhood for more than five decades and Cathedral Commons will enable us to better serve the community for decades to come."

"Through Cathedral Commons, we will create in Northwest Washington, D.C. a mixed-use community where residents can enjoy a wealth of conveniences just outside their front door," said Tom Bozzuto, CEO, The Bozzuto Group. "We are honored to have the opportunity to help bring to fruition a new vision of urban community planning and development to the District of Columbia."

The $130 million Cathedral Commons project is a joint venture between Bozzuto Development Company, Southside Investment Partners and Giant Food of Landover, Md., which has maintained a store at that location for more than 50 years. The four-acre development is located on Wisconsin Avenue between Macomb Street and Idaho Avenue in Northwest Washington, DC, bordering the neighborhoods of Cathedral Heights and Cleveland Park.

The new 56,000-square-foot Giant will feature full-service floral, bakery, meat, seafood, and deli departments and an expanded offering of fresh produce, natural, organic, and gluten-free products as well as international items. The remainder of the prime street front retail space is being leased by H&R Retail.

The residences of Cathedral Commons, scheduled to deliver in Fall 2014, will include a mix of apartments as well as high-end amenities such as boutique hotel-style lobby, lounge areas and library, fitness center, clubroom with bar, residential courtyards and a rooftop deck with sweeping views of the National Cathedral.

Bozzuto Building Company is the general contractor for the development and the apartment homes will be managed by Bozzuto Management Company.

Headquartered in the Washington, D.C., area, The Bozzuto Group is a diversified residential real estate company consisting of six integrated companies—Acquisitions, Construction, Development, Homebuilding, Land Development and Property Management—that together provide a broad range of real estate services throughout the Mid-Atlantic and Northeast.

Source: The Bozzuto Group / #Multifamily #Apartments

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