Buzzard Point

Toll Brothers Apartment Living® Breaks Ground on Vermeer, a Luxury Multifamily Rental Community in Buzzard Point Overlooking Audi Field

Retrieved on: 
Wednesday, March 15, 2023

“We are excited to add Vermeer to our growing portfolio of luxury rental communities in Washington, DC,” said Michael Skena, Mid-Atlantic Regional Director of Acquisitions and Development for Toll Brothers Apartment Living.

Key Points: 
  • “We are excited to add Vermeer to our growing portfolio of luxury rental communities in Washington, DC,” said Michael Skena, Mid-Atlantic Regional Director of Acquisitions and Development for Toll Brothers Apartment Living.
  • “Toll Brothers has been building homes in this market for nearly thirty years.
  • Vermeer is Toll Brothers Apartment Living’s fourth transit-oriented development within Washington, DC, located within easy walking distance of both the Navy Yard and Waterfront Metro Stations.
  • With sumptuous living spaces, welcoming hospitality offerings, and brilliant experiences to explore, Vermeer is a connected, expressive community at the forefront of southwest Washington’s emerging Buzzard Point neighborhood.

FRP Holdings, Inc. Announces Agreement With Steuart Investment Company and MRP Realty

Retrieved on: 
Tuesday, November 8, 2022

JACKSONVILLE, Fla., Nov. 08, 2022 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ: FRPH) has executed an agreement with Steuart Investment Company (SIC) and MidAtlantic Realty Partners (MRP) for the development of up to ten mixed-use projects in the Capitol Riverfront and Buzzard Point submarkets of Washington, DC.

Key Points: 
  • JACKSONVILLE, Fla., Nov. 08, 2022 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ: FRPH) has executed an agreement with Steuart Investment Company (SIC) and MidAtlantic Realty Partners (MRP) for the development of up to ten mixed-use projects in the Capitol Riverfront and Buzzard Point submarkets of Washington, DC.
  • Upon completion and stabilization, these projects will comprise over 3 million square feet of mixed-use development including 3,000 residential units and 150,000 square feet of retail.
  • This pre-development work will be done through a joint venture between MRP and FRP.
  • For more information on this agreement, please consult the attached map of properties controlled by the partners in the agreement.

Bank of America Invests Nearly $43 Million to Help Drive Economic Mobility in Washington, D.C.

Retrieved on: 
Tuesday, April 5, 2022

WASHINGTON, April 5, 2022 /PRNewswire/ -- Bank of America today announced an investment of nearly $43 million directly impacting economic and social opportunity in Southeast and Southwest Washington, D.C. as part of its commitment to local communities. Through affordable housing projects and partnerships with local nonprofits, including Building Bridges Across the River (BBAR), the Washington Area Community Investment Fund (Wacif), and Bread for the City, the funding and grant package will address housing, workforce development, healthcare and small business efforts in the region.

Key Points: 
  • The bank's funding will help provide 76 units for individuals and families in need of affordable housing in the community.
  • To help fund construction of the bridge and further environmental education efforts, BBAR will receive a $1 million grant.
  • In 2021, Bank of America invested $350 million in local grants and additional capital investments to help finance small businesses, affordable housing, and other economic revitalization projects benefiting communities throughout the Washington region.
  • For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

D.C. United Announce First-of-its-Kind Partnership with Leading Blockchain XDC Network to Create One of the Most Engaging Fan Experiences in Professional Sports

Retrieved on: 
Tuesday, February 22, 2022

WASHINGTON, Feb. 22, 2022 /PRNewswire/ -- D.C. United today announced a three-year partnership with blockchain technology provider, XDC Network.

Key Points: 
  • WASHINGTON, Feb. 22, 2022 /PRNewswire/ -- D.C. United today announced a three-year partnership with blockchain technology provider, XDC Network.
  • The partnership is the first-of-its-kind between a professional sports team in the United States and a blockchain network.
  • The new partnership is set to deliver one of the most rewarding fan experiences for a professional sports team to date.
  • The role of the XDC Foundation is to encourage development on the XDC Network, hire competent third parties to assess, evaluate, and enhance network infrastructure, ensure transparency of the XDC Network, and increase public awareness of the XDC Network.

Audi Field Announces Shift4 as the Venue’s Official Payment Solutions Partner

Retrieved on: 
Wednesday, February 16, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220216005164/en/
    As the Official Payment Solutions Partner of Audi Field and D.C. United, Shift4 will power all commerce transactions at the venue, from mobile food and beverage ordering, point of sale, concessions, retail, and more with a single unified platform.
  • Shift4 will seamlessly integrate their end-to-end ecosystem with the venues third-party partners, including Fanatics for their Audi Field Club Shop.
  • The partnership, which will be introduced prior to D.C. Uniteds season opener at Audi Field on February 26, also leverages VenueNexts industry-leading payment technology and promotion integrations to provide a streamlined matchday experience for attendees.
  • By implementing our entire suite of solutions, were able to meet both the fans' and the venues' needs without the complexity and expense of multiple solutions providers.

Delta Associates Recognizes FirstService Residential-Managed Peninsula 88 Condominium UOA

Retrieved on: 
Thursday, November 11, 2021

SILVER SPRING, Md., Nov. 11, 2021 /PRNewswire-PRWeb/ -- FirstService Residential , the leading property management company in North America, announced that Delta Associate's has presented its "Best Washington/Baltimore High-Rise Condominium Community" award to its managed community, Peninsula 88 Condominium UOA.

Key Points: 
  • SILVER SPRING, Md., Nov. 11, 2021 /PRNewswire-PRWeb/ -- FirstService Residential , the leading property management company in North America, announced that Delta Associate's has presented its "Best Washington/Baltimore High-Rise Condominium Community" award to its managed community, Peninsula 88 Condominium UOA.
  • "We are thrilled that the efforts of the board and management team were recognized for their joint commitment to excellence," said Michael Mendillo, president, FirstService Residential.
  • Peninsula 88, located at the convergence of the Anacostia and Potomac rivers, was skillfully designed as a unique urban oasis of eight carefully designed floors.
  • FirstService Residential is a subsidiary of FirstService Corporation (FSV), a North American leader in the property services sector.

D.C. United Expand Ownership Group, Headlined by Multiplatinum Musician and Record Executive Yo Gotti

Retrieved on: 
Monday, September 27, 2021

WASHINGTON, Sept. 27, 2021 /PRNewswire/ -- D.C. United today announced that the club expanded their ownership group with the introduction of four new owners, headlined by multiplatinum musician, record executive, and philanthropistMario "Yo Gotti" Mims.

Key Points: 
  • WASHINGTON, Sept. 27, 2021 /PRNewswire/ -- D.C. United today announced that the club expanded their ownership group with the introduction of four new owners, headlined by multiplatinum musician, record executive, and philanthropistMario "Yo Gotti" Mims.
  • Along the way, Gotti formed his own record label, CMG Records, where he has discovered and developed the next generation of superstars, like Moneybagg Yo, 42 Dugg and EST Gee.
  • Kal Ross along with Jordan Stuart spearheaded the partnership between Yo Gotti and D.C. United.
  • "I was introduced to the game by my son and watched how quickly it has grown in our country, so I'm honored to join the D.C. United ownership group," said Yo Gotti.

EB5 Capital’s 1900 Half Street Project Begins Leasing in Washington, DC

Retrieved on: 
Tuesday, August 11, 2020

WASHINGTON, Aug. 11, 2020 (GLOBE NEWSWIRE) -- EB5 Capital joins Douglas Development Corporation and PTM Partners in celebrating the launch of leasing at 1900 Half Street, one of the first multifamily developments in Washington, DCs Buzzard Point neighborhood.

Key Points: 
  • WASHINGTON, Aug. 11, 2020 (GLOBE NEWSWIRE) -- EB5 Capital joins Douglas Development Corporation and PTM Partners in celebrating the launch of leasing at 1900 Half Street, one of the first multifamily developments in Washington, DCs Buzzard Point neighborhood.
  • 1900 Half Street is located directly on the riverfront, which provides rare panoramic views of the Potomac and Anacostia Rivers.
  • More than one-third of our EB-5 raise came from India, said Anubhuti Dhand, EB5 Capitals Investor Relations Manager.
  • 1900 Half Street is a few blocks away from Dock79, another multifamily project financed by EB5 Capital in 2014.