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Posted at 4:10 PM ET, 12/13/2010

Apartments planned for National Harbor

By Ovette Wiggins

The Peterson Cos. and the Bozzuto Group will partner to bring the first apartment community to National Harbor in 2013, the companies announced Monday.

National Harbor, a waterfront development of condominiums, hotels, restaurants and stores, opened in 2008 in Prince George's County.

"The site is a superb location for new development -- future residents will be just steps away from a wealth of conveniences including fine dining, recreation and shopping options, as well as a dry cleaners and a gourmet grocery store," Tom Bozzuto, chief executive officer of the Bozzuto Group, said in a news release.

The apartment complex will consist of 350 units and 25,000 square feet of retail space. Construction is expected to begin next fall and the companies expect the first residents to occupy the units in 2013.

By Ovette Wiggins  | December 13, 2010; 4:10 PM ET
Categories:  Maryland  
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Posted by: janejmccabe | December 14, 2010 3:02 AM | Report abuse

A fair warning to cat owners who may be considering renting one of the Buzzuto apartments:

Unless they have changed their leasing policies in the 2 years since I've lived in a Buzzuto property, your cats MUST BE DECLAWED! My wife and I lived in an apartment community that was taken over by Buzzuto (The Arbors at Fair Lakes), which had never had a declawing clause before (with the previous management companies, Archstone and Riverstone). When it was time to renew our lease, imagine our horror when we saw that clause in our lease. Thankfully, we were able to negotiate a waiver (since we already lived there for 2 years), but we made sure to make that the last year we lived there. Until the declawing policy changes, I encourage all cat owners to consider joining my wife and I in never renting a Buzzuto property.

Posted by: rjf3833 | December 14, 2010 7:58 AM | Report abuse

To be called THE PROJECT at National Harbor ... say goodbye to your real estate values.

Posted by: polecatx1 | December 14, 2010 11:16 AM | Report abuse

"Wealth" is the operative word here. What will the rents run?

Posted by: jckdoors | December 14, 2010 12:00 PM | Report abuse

Talk to anyone whose organization has been foolish enough to book an event at "National" "Harbor" (it's neither.) They only do it once, that’s for sure! The first complaint, after noting the isolation, and the Disney-like faux-bombast, is how any goods and services there cost more than what they would on Guam.

Posted by: DannyPl | December 14, 2010 1:34 PM | Report abuse

And the rent will be high as giraffe crotch. Market rent for the area is already about $1100/mo. Just because it will be on the "harbor", the rent will probably run from around $1800 for a 1br/1ba.

Posted by: Ms511 | December 14, 2010 4:15 PM | Report abuse

Apartments are already there. Whats the hoopla about?

Posted by: rkayblock1 | December 14, 2010 5:10 PM | Report abuse

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