Chevy Chase, MD


150 New Apartments, Anchored by Busboys and Poets, Receiving Final Touches for Fall 2014 Opening


Federal Capital Partners® (FCP) and Level 2 Development (Level 2) have begun leasing Takoma Central, a new, green apartment community featuring 150 studio, 1 and 2- bedroom apartment homes in the Takoma neighborhood of Washington, DC. Takoma Central is located at 235 Carroll Street, NW, just steps from the Takoma Red Line Metro station and many unique restaurants and eclectic shops in Takoma’s historic main street district. Takoma Central was designed to complement the architectural character and spirit of the Takoma neighborhood and to promote a healthy, sustainable lifestyle for residents.

Destination restaurant Busboys and Poets will occupy Takoma Central’s first floor corner at Carroll and Maple Streets. Bozzuto Management will lease Takoma Central from the initial leasing office across the street from the building, at Trohv Home & Gift at 232 Carroll Street, NW. Interested prospective residents can contact the leasing office at (202) 888-2387 Monday through Friday from 11:00 am until 7:00 pm.

Takoma Central apartments feature open, airy floor plans, sophisticated finishes and welcoming, comfortable social spaces. Residents will enjoy a fitness center, resident lounge, courtyard, business center, social e-cafe and an automatic package concierge.

Amenities and features include:

  • Granite countertops, maple cabinets & stainless steel appliances
  • Wide plank oak flooring in living rooms and kitchens
  • Plush carpeted bedrooms
  • Balconies & patios (select apartments)
  • Beautiful resident lounge with large-screen TV & shuffleboard
  • Private courtyard with fire pit & outdoor grills
  • Top-of-the-line fitness center
  • Business center
  • 24-hour automatic package concierge
  • Controlled access
  • Secure bicycle storage
  • Pet-friendly*
  • Storage lockers
  • On-site garage parking

*Restrictions apply.


Takoma Central features many sustainable and health-focused elements, is smoke-free throughout the property and was designed and built for LEED Certification. The community offers immediate access to multiple transportation options including the Takoma Red Line Metro station, Capital Bikeshare, Metrobus and Ride-On Bus service. Residents will find fresh, local produce just two blocks away at the year-round Takoma Park Farmers Market. Sustainability features include:

  • Bicycle storage racks
  • Preferred, reserved parking spaces for low-emitting and fuel efficient vehicles
  • High efficiency water-saving plumbing fixtures
  • Building materials with a minimum of 20% recycled content
  • More than 10% of materials used in construction were regionally sourced from within 500 miles
  • Carpet, paint, and adhesives used in construction are low-emitting and contribute to a healthier indoor air environment
  • White roof is reflective, minimizing heat absorption
  • 75% of construction waste was diverted from landfills and recycled or reused
  • Eco-friendly cleaning supplies used throughout


David Franco, Managing Partner at Level 2, commented, “Takoma Central is set to take its place as an exciting new residential opportunity in Takoma, with carefully planned details, lifestyle elements and finishes designed to respect and complement historic Takoma.”

FCP Vice President for Asset Management, Nikita Rao, commented, “Residents at Takoma Central will enjoy every advantage of a contemporary, new apartment lifestyle with a Busboys and Poets at their doorstep and abundant amenities and mass transit options minutes away.”

“Takoma Central is a shared vision with the exceptional development team at Level 2,” said FCP Vice President for Acquisitions, Wade Casstevens. “They excel at building Washington neighborhoods and Takoma Central is a fine example of their work.”

For information and updates, visit Takoma Central at and follow on Facebook at, @takomacentral on Twitter and @takomacentral on Instagram.


About Federal Capital Partners

Federal Capital Partners (FCP) is a privately held real estate investment company that has invested in or financed more than $3.5 billion in assets since its founding in 1999. FCP is seeking equity, preferred equity and mezzanine debt investments in commercial and residential real estate throughout the Mid-Atlantic region, including Washington DC, Maryland, Pennsylvania, Virginia, Delaware, West Virginia, New Jersey and the Carolinas. FCP buys assets directly as well as through joint ventures with local operating partners. The firm, based in Chevy Chase, MD, owns and manages in excess of $2.3 billion in assets. FCP is currently investing its second investment fund, a $529 million commingled, discretionary fund closed in 2012. For further information on FCP, please visit About Level 2 Development, LLC Level 2 Development, LLC is a Washington, DC based real estate firm specializing in the development of luxury residential and mixed-use projects that offer the highest level of finishes and detail. Level 2 believes in building strong relationships with all of its partners — equity sources, design and construction professionals, residents of its communities, and with local stakeholders in the larger communities in which it works. Level 2 has proven success in land acquisition, entitlement, and construction management. Since its founding in 2005, the company has led the development of more than 750 residential units, representing transaction volume in excess of $230 million. For further information on Level 2 Development, please visit