Bozzuto, Giant Food, Southside Investment Partners Hold Groundbreaking Event at Cathedral Commons

Bozzuto, Giant Food, Southside Investment Partners Hold Groundbreaking Event at Cathedral Commons

GREENBELT, MD - The Bozzuto Group, Giant Food of Landover, Md., and Southside Investment Partners will held a groundbreaking event to celebrate the start of 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.

The $130 million Cathedral Commons project is a joint venture between Bozzuto Development Company, Southside Investment Partners, and Giant Food, 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, D.C., bordering the neighborhoods of Cathedral Heights and Cleveland Park.

The new 56,000-square-foot Giant, more than triple the size of the previous store, 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. Design plans incorporate several green and sustainable elements. 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.

Giant Food LLC, headquartered in Landover, Md., operates 170 supermarkets in Virginia, Maryland, Delaware, and the District of Columbia, and employs approximately 22,000 associates. Included within the 170 stores are 156 full-service pharmacies.

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: Bozzuto / #Multifamily #Apartments

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