Hines Taps Bozzuto Management Company to Market and Manage The Apartments at CityCenterDC

Hines Taps Bozzuto Management Company to Market and Manage The Apartments at CityCenterDC

WASHINGTON, DC - Hines and the TFI US Real Estate Fund, sponsors of CityCenterDC, announced that they have chosen prominent real estate services firm Bozzuto Management Company to market and manage the apartment community at the landmark, mixed-use CityCenterDC development in Downtown Washington, D.C.

The Apartments at CityCenter, comprised of 458 residences, respond to the District's growing demand for well-appointed apartment homes in convenient locations, featuring meaningful amenities that will enhance the daily living experience. With restaurants, shops, major employers and Metro rail stops within a short walk, The Apartments at CityCenter will set a new standard for urban living in D.C. The Apartments at CityCenter will be introduced to the market later this summer and will be available for occupancy in the fall 2013.

The apartments will offer dramatic floor-to-ceiling windows, spacious layouts and open kitchens, along with amenities that include a rooftop swimming pool, lounge, gardens and terraces, a clubroom with billiards and televisions for entertaining, a dog-walk area, and a two-story, 5,500-square-foot fitness facility with a yoga room. The Apartments at CityCenter will be served by an underground parking garage.

The Apartments at CityCenter have been designed by the well-respected architectural firm Shalom Baranes Associates.  Landscape architect Lee and Associates had responsibility for the design of rooftop amenities, terraces and other common areas.

The Apartments at CityCenter are one of five major components of CityCenterDC.  The mixed-use development also includes 216 luxury condominium residences, 520,000-square feet of Class A office space, and more than 60 shops and restaurants, in properties designed by internationally renowned architects Foster + Partners and the D.C.-based Shalom Baranes Associates. In addition, CityCenterDC will also feature a 370-room hotel.

"We are delighted to welcome Bozzuto Management Company to the CityCenterDC team, and look forward to their contributions to our success," said Howard Riker, managing director for Hines. "Bozzuto brings a wealth of experience to their role as manager of The Apartments at CityCenter, and a deep understanding of the unique nature of this property and the lifestyle it offers residents. We feel they will be excellent stewards for our concept of an amenity-rich, vibrant, luxurious and inspired lifestyle in the heart of Downtown Washington."

"Located in the heart of D.C.'s historical and cultural epicenter, CityCenterDC's unique mix of office space, residences, hotel, retail and lifestyle offerings make it a preeminent urban destination," said Hines' Managing Director Jason Jacobson. "We look forward to inspiring a vibrant community that redefines the D.C. Metro area."

"We are proud to partner with Hines in offering The Apartments at CityCenter," said Julie Smith, president, Bozzuto Management Company. "The apartments will showcase thoughtful features and functional layouts that complement CityCenterDC's design aesthetic, which pairs timeless architecture with living and office space, hospitality, unique shopping and dining options. It will be an unparalleled place to live in downtown D.C."

CityCenterDC is a development of Hines and The TFI US Real Estate Fund.  The anchor investor in the Fund is Qatari Diar Real Estate Investment Company (Qatari Diar), the real estate investment arm of the Qatar Investment Authority.  The Fund is advised by Tanween, a Qatari real estate development management and consulting firm.

Source: The Bozzuto Group / #Apartments #Multifamily

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