M id A tlantic Real Estate Journal — Owners, Developers & Managers — December 2023 — 11A
www.marej.com
O wners , D evelopers & M anagers
Waldorf Station will be located at the gateway to Charles County, MD Greenberg Gibbons forms JV with MCB Real Estate to develop $100M multifamily community B ALTIMORE, MD — Greenberg Gibbons announced that it has tering inclusive communities, 10% of the apartments have been reserved as affordable housing units.
moniously blends market-rate and affordable housing options, contributing to smart growth strategies in Charles County.” Greenberg Gibbons is the master developer of Waldorf Station, a 150-acre mixed-use development located at the in- tersection of US Routes 301 and 5. Beyond the 302 apartments currently under construction, the developer is planning for an additional 496 residential units in the future. The mixed- use destination will also feature 450,000 s/f of retail and com- mercial space, including offices and a hotel. MAREJ
formed a 50-50 joint venture partnership with MCB Real Estate to build a $100 mil- lion, 302-unit class A apart- ment community within its Waldorf Station mixed-use development at the gateway to Charles County. Construc- tion began this November and is expected to be completed in the fall of 2025. The class A apartment com- munity at Waldorf Station will offer top-of-the-line ameni- ties including a resort-style pool, expansive clubhouse, co-working and social engage- ment lounge, fitness facilities, vehicle charging stations, and a dog park and pet spa. The apartments will offer many sustainable features, including solar panels, water- efficient features, Energy Star appliances, and Wi-Fi enabled thermostats. To continue fos- The Enclave at Dewy Meadows in Basking Ridge 100% leased BASKING RIDGE, NJ — The Enclave at Dewy Mead - ows, a collection of 198 luxury rental residences and loft-style apartments in Basking Ridge, has reached 100% leased, ac- cording to developer Garden Communities . The milestone comes less than 12 months following delivery of the final building at the upscale Somer- set County community. “The quick lease-up of The Enclave at Dewy Meadows exceeded our expectations but certainly comes as no surprise,” said Joe Korn , developer. “As demand for high-quality, suburban multi- family product continues, this one-of-a-kind community was perfectly positioned to attract renters at all stages of life in search of a convenient and amenity-rich lifestyle.” Located at 405 and 407 King George Rd., the com- munity features a mix of one- , two- and three-bedroom layouts and loft-style rental residences. Residents at The Enclave at Dewy Meadows enjoy a state- of-the-art fitness center, two distinct lounges with kitchen areas, a card room, business center and children’s play- room. MAREJ
“This project enhances our commitment to sustainable, mixed-use, mixed-income, mul- tifamily developments, and we're excited to collaborate once again with our trusted partners at Greenberg Gib- bons,” said Daniel Rigaux , vice president and head of mul- tifamily and hospitality devel- opment for MCB. “Located in the heart of a rapidly growing market, we are eager to create a vibrant community that har-
Waldorf Station rendering
QUALITY COMMITMENT PERFORMANCE
Geotechnical Design & Analy
nvironmental Site Assessments and
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