Toll Brothers’ rental subsidiary, Toll Brothers Apartment Living, and joint venture partner CrossHarbor Capital Partners have broken ground on a 13-story, 501-unit mixed-use community in the Buzzard Point neighborhood.
Site work on Vermeer within the Capital Riverfront Business Improvement District began in late 2022, Multi-Housing News reports. Work is expected to be completed by 2024,
KTGY is the architect for the project on a site adjacent to Audi Field, the turf of the city’s soccer teams.
The developer has more than 3,000 units either completed or under construction in the District — this is its fourth project.
The property includes a 267-space below-grade parking garage with electrical vehicle charging stations. Approximately 37,000 sq. ft. of ground-floor retail space will also be available.