Source: The Tower Companies / #Apartments #Multifamily
ROCKVILLE, MD - The Tower Companies has engaged Design Collective to design the first two residential towers of the 27-acre Blairs Redevelopment in Downtown Silver Spring, following Montgomery County's Preliminary Plan and Project Plan Approval. Concept Design is underway for this pair of 14-18 story buildings that will rise along Eastern Avenue at the master plan's southern edge.
Tower's Vice President of Development, Sri Velamati announced that the first phase of redevelopment includes an underground parking garage, approximately 470 market-rate apartments, 15,000 square feet of indoor resident amenities, and a series of private courtyards and surrounding public gardens. Demolition of the existing Blair Towers is expected to begin in Summer 2014 and the first building is expected to open in Fall 2016.
The Tower Companies is an award winning real estate Development Company founded by Albert Abramson in 1947 which pioneered the building of USGBC LEED certified residential and commercial properties in the Washington, DC Area. Their portfolio includes 4.5 million square feet of commercial office buildings and eco-progressive live-work-play communities, office parks, 1,400 apartments, regional malls and hotels. Among their signature properties are 2000 Tower Oaks Boulevard, The Tower Building, The Millennium Building, Washington Square, The Blairs, White Flint, River Creek Club and Bethesda Place Office and Apartments. 90% of the company's properties are LEED certified.
Tower is an EPA ENERGY STAR and Green Power Leader and has received numerous awards and recognition for their commitment to sustainability, energy independence and building from the US Department of Energy, US Environmental Protection Agency, State of Maryland, US Green Building Council, Urban Land Institute and Harvard University.