6-12-15

6A — June 12 - 25, 2015 — M id A tlantic

Real Estate Journal

www.marejournal.com

D el M ar V a

Phase I plan consists of 240 luxury apartments and townhomes Developers announce construction and leasing timelines for The Enclave at Box Hill B

ments and rental townhomes, with initial product deliveries scheduled for mid-summer. At final build-out, The En- clave at Box Hill will consist of 389 luxury garden-style apartments and townhomes offering one, two and three- bedroom configurations with den and loft options. Bozzuto Management is handling all leasing and management activities. The Enclave at Box Hill will consist of four-story, el- evator buildings containing one, two and three-bedroom luxury apartment units, as

tops and ceramic tile back- splashes, nine-foot ceilings, a full-size washer and dryer, grand bathrooms and soaker tubs and gas fireplaces. A full- range of extras are available including a breakfast area with sunroom, master suite with sitting amenity, private balconies, dens and lofts. The community is adjacent to the Boulevard at Box Hill, which includes Wegmans Food Markets and nearly 20 complementary retailers, and is within close proximity to additional shopping destina- tions. The Enclave at Box Hill also features immediate access to MD Routes 24 and 924 and I-95. The Enclave at Box Hill will contain a 8,500 s/f community clubhouse featuring a two- story community room with a 24-hour state-of-the-art fit- ness center and locker rooms; yoga and aerobics room, a multi-media center featur- ing flat screen television sets and the latest audio visual systems, an adjacent kitchen and bar; billiards room; as well as a meeting and confer- ence center area. In addition, a café with gourmet coffee will contain free WiFit. Connected to the clubhouse is a resort- style outdoor swimming pool outfitted with sunning decks, outdoor furniture, an outdoor fireplace and multiple gas grilling stations. “Our research shows a pent-up demand for new, luxury multi-family product in this marketplace, given the lack of new development within the Route 24 corridor for a significant number of years,” said Rob Bavar , vice president of Bavar Proper- ties. “The Enclave at Box Hill was designed with efficient floorplans and packed with features that reflect the latest thinking in residential living. It will appeal to consumers that demand low-mainte- nance living, combined with the convenience of walkable amenities that addresses and supports a busy lifestyle. Our development team detects a customer migration back to the suburbs, and we are responding with this product offering.” The second and final phase of The Enclave at Box Hill is expected to commence con- struction later this year, to keep pace with expected resi- dential demand. n

EL AIR, MD — The development team of The Enclave at Box Hill - consisting of Bavar Properties , Murn Develop- ment and Ward Properties - have announced construc- tion and leasing timelines for Phase I of the mixed-use resi- dential community situated at 3405 McCurley Dr. in the Bel Air section of Harford County. With construction proceeding on-schedule, on-site leasing activities are expected to commence in May for Phase I of the development plan, con- sisting of 240 luxury apart-

Box Hill apartments rendering

HENNEMAN + ASSOCIATES Architects + Planners hennemanarchitects.com 410-992-4417

well as rental townhomes. The available sizes of the resi- dential units range from 800 to 2150 s/f of space. Standard

features contained within each unit include modern kitchens with stainless steel appliances, granite counter-

We’ve got the capital connections to deliver the right results.

R E C E N T N O R T H M A R Q T R A N S A C T I O N S

$12,200,000 Country Inn & Suites SIZE: 114 ROOMS CITY: VIRGINIA BEACH, VA LENDER: CMBS

$4,400,000 Student Housing SIZE: 30 UNITS CITY: CHARLOTTESVILLE, VA LENDER: LIFE COMPANY

$5,450,000 Comfort Suites SIZE: 124 ROOMS CITY: CHESAPEAKE, VA LENDER: CMBS

36 Offices Coast-to-Coast

northmarq.com

Keith Wells 804.447.0433 RICHMOND OFFICE | 9701 GAYTON ROAD, RICHMOND, VA 23238 Mike Lowry 804.447.0475

Made with FlippingBook - Online catalogs