Giant Food Announces The Bozzuto Group as Development Partner for Cathedral Commons
Washington D.C. Mixed-Use Development to Include New 56,000-Square-Foot Giant Supermarket; Construction Scheduled for Spring 2012
LANDOVER, Md., Dec. 5, 2011 /PRNewswire/ -- Giant Food of Landover, Md. has announced the selection of The Bozzuto Group as partner for its development of Cathedral Commons, a mixed-use project on Wisconsin Avenue in Northwest Washington, D.C. Cathedral Commons is a $125 million, two-block, mixed-use development that will include 137 apartment units and eight townhomes, more than 500 parking spaces, and 128,000 square feet of vibrant retail anchored by a state-of-the-art Giant Food, the grocery market share leader in the Washington, D.C. metropolitan area.
"Giant is looking forward to the transformation of the current Wisconsin Avenue store into a vibrant, urban destination for Cathedral Heights, Cleveland Park and the District," said Anthony Hucker, president, Giant Food of Landover, Md. "We thank all of our neighbors, customers and local leaders who have supported us through this process. Giant has been a part of this neighborhood for the past 50 years, and our new store will enable us to better serve the community for years to come."
"We are thrilled to work with Giant to create Cathedral Commons, a community that will offer the District neighborhoods of Cleveland Park and Cathedral Heights the best shopping, dining and housing yet," said Tom Bozzuto, CEO, The Bozzuto Group.
Cathedral Commons development is located on approximately four acres of land strategically positioned on Wisconsin Avenue between Macomb Street and Idaho Avenue in Northwest Washington, bordering the neighborhoods of Cathedral Heights and Cleveland Park.
Giant has maintained a store at the Cathedral Commons location for more than 50 years and the redevelopment will allow Giant to provide better customer service and more complete product lines. Plans call for a new 56,000-square-foot facility that will feature full-service floral, bakery, meat, seafood, and deli departments and an expanded offering of fresh produce and natural, organic, gluten-free, and international products.
The residential portion of Cathedral Commons will feature a mix of apartment homes and amenities including a boutique hotel-style lobby, lounge areas and library, fitness center, clubroom, conference room, and residential courtyards.
Partnering with The Bozzuto Group on the retail portion of the project will be Southside Investment Partners, LLC, a Maryland-based developer and owner of shopping centers and other retail projects.
Construction on Cathedral Commons is set to start spring 2012, with the opening of the new Giant Food tentatively scheduled for late 2013. For additional information and illustrations, visit www.wisconsinavegiant.com.
About Giant Food of Landover, Md.
Giant Food LLC, headquartered in Landover, Md., operates 173 supermarkets in Virginia, Maryland, Delaware, and the District of Columbia, and employs approximately 22,000 associates. Included within the 173 stores are 159 full-service pharmacies. For more information on Giant, visit www.GiantFood.com.
About The Bozzuto Group
Headquartered in the Washington, D.C. area, The Bozzuto Group is a diversified residential real estate company consisting of six integrated companies – Acquisitions, Construction, Development, Homebuilding, Land Development and Property Management – that together provide a broad range of real estate services throughout the Mid-Atlantic and Northeast. The company is committed to providing quality housing for individuals of all income levels, producing everything from luxury homes and apartments to affordable housing solutions.
Throughout The Bozzuto Group's more than 23-year history, the company has developed, acquired and built more than 35,000 homes and apartments, and the firm and its principals have been honored with numerous industry awards and accolades, including having been recognized by the NAHB as the nation's premier apartment development company, and three times as management company of the year. For more information, please visit www.bozzuto.com.
About Southside Investment Partners, LLC
Southside Investment Partners, LLC is a developer and owner of retail properties throughout the Mid-Atlantic region. Based in Baltimore with an office in Bethesda, the company pursues new investment opportunities – either through Greenfield development, or by purchasing under-performing assets in need of redevelopment. For more information, please visit www.southsidellc.com.
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SOURCE The Bozzuto Group
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