Federal Capital Partners® and Level 2 Development (Level 2) have commenced leasing for Takoma Central’s final phase of new apartment units as the first phase of the highly amenitized development reaches the 100% leased mark. Takoma Central, at 235 Carroll Street, NW in Washington, DC features a total of 150 studio, 1 and 2-bedroom luxury apartment homes in the sought after and close-knit Takoma neighborhood of Washington, DC. Destination restaurant, Busboys & Poets, which opened in February 2015, anchors the vibrant street front of Takoma Central. Steps away, the Takoma Red Line Metro station provides convenient commuting, and a variety of unique restaurants and eclectic shops in Takoma’s historic main street district reinforces the walkable, sustainable nature of the community. The project was designed to complement the architectural character and spirit of the Takoma neighborhood and features a sunlit lobby with an elegant seating area defined by flowing sheer curtains, surrounded by unique local art that was curated for the building. Takoma Central is designed to LEED standards with sustainable and health-focused elements and is smoke-free throughout the property. Leasing and property management are being handled by Bozzuto Management Company.
“Takoma Central’s unique location, nested within the intimate Takoma DC community, inspired FCP and Level 2 to bring fresh, creative design and a vibrant approach to apartment living to a community that has welcomed these principles,” said Federal Capital Partners Vice President, Nikita Rao. “Our leasing pace has exceeded expectations and we look forward to welcoming residents to the second and final phase of Takoma Central.”
Airy apartments feature open floor plans, sophisticated finishes such as granite countertops, maple cabinetry, stainless steel appliances and wide plank oak flooring, and welcoming, comfortable social spaces including a private courtyard with fire pit and outdoor grills as well as a fitness center, resident lounge, business center, social e-cafe and an automatic package concierge. Supporting residents’ preferences for sustainability in their community, Takoma Central offers bicycle racks, preferred parking for fuel efficient vehicles, ENERGY STAR appliances, high-efficiency water-saving fixtures, and the use of building materials with recycled content.
For information and updates, visit Takoma Central at www.takomacentral.com and follow on Facebook at https://www.facebook.com/pages/Takoma-Central/545512578854753, @takomacentral on Twitter and @takomacentral on Instagram.
About Bozzuto Management Company
Voted Property Management Company of the Year by Multi-Housing News, and twice by the National Association of Home Builders (NAHB), Bozzuto Management Company offers the finest in apartment living and management services. With more than 50,000 apartments and 200 communities in exceptional locations throughout the East Coast, Bozzuto Management provides a resident experience that is truly beyond compare. The company is a subsidiary of The Bozzuto Group, a full-service real estate firm headquartered in Greenbelt, Maryland. For more information, visit www.bozzuto.com
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 1,000 residential units and 75,000 square feet of retail space, representing transaction volume in excess of $230 million. For further information on Level 2 Development, please visit www.level2development.com
About Federal Capital Partners
Federal Capital Partners (FCP) is a privately held real estate investment company that has invested in or financed more than $4.0 billion in assets since its founding in 1999. FCP invests, owns, develops and manages a portfolio that includes all real estate asset classes in major East Coast Markets. In addition, FCP provides equity, preferred equity and structured debt investments for commercial and residential real estate. The firm, based in Chevy Chase, MD, owns and manages in excess of $2.3 billion in assets. FCP is currently investing its third investment fund, a recently closed commingled, discretionary fund targeted at real estate markets on the East Coast of the United States. For further information on FCP, please visit www.fcpdc.com