Grosvenor Americas' Central now preleasing

Mixed-use residential property in downtown Silver Spring offers residents amenity-rich living experience

27th July 2017

Grosvenor Americas, one of four operating companies of the privately-owned international property group, Grosvenor Group, has begun preleasing apartments in their Central residential community in downtown Silver Spring. Central is located directly across the street from the brand new Silver Spring Library and is a short walk from the Silver Spring Metro Station, which provides a 15-minute commute to downtown Washington, D.C on the Red Line.

 



“Central residents will experience high-quality living in an eclectic and tight-knit community,” said Jon Carr, Senior Vice President of Development for Grosvenor’s D.C. office. “Within the building, residents have access to best-in-class amenities, including a pool and multiple outdoor terraces, an expansive 24-hour fitness center with group exercise studio, a multimedia clubroom and a business lounge with collaborative work spaces, and a quiet library.”

Scheduled to deliver in late summer 2017, Central is a 231,589-square-foot LEED Silver mixed-use property that will offer 243 modern rental units and 15,080 square feet of ground floor retail space. The retail programming is an exciting aspect of the development wrapping the base of the building along Fenton Street and Wayne Avenue.

“The diverse retail that we’re planning will be a draw to those who prefer an urban lifestyle. As downtown Silver Spring continues to evolve into a bustling hub for restaurants, retail, and entertainment, this area has the potential to be high in demand within the Washington Metropolitan region, and we want to offer residents a home that will allow them to fully enjoy the neighborhood in which they live,” said Nihar Shah, Senior Development Manager for Grosvenor.

Central has a mix of studio, one- and two-bedroom apartment homes, finished in a contemporary design. Each home features kitchens with quartz countertops, Energy Star® stainless steel appliances, full-size washer and dryer, and special touches such as USB charger outlets and wood-style flooring.

The leasing office is in a loft-style apartment on the first floor of Bonifant Street, across the street from Montgomery County’s Lot 29 parking lot. Bozzuto Management, a leader in property management, has been selected to lease and manage the new apartment community. 

“We are pleased to see such enthusiasm from registrants, many of whom have been awaiting Central’s completion for several months. We anticipate attracting residents from throughout the region, especially those that are looking for an alternative to what’s offered in the District,” said Shah.

Central is located at 8455 Fenton Street, where First Baptist Church previously stood. Working in tandem with Grosvenor Americas and the Montgomery County Planning Board, a mutually beneficial development plan was approved by the Board in 2013, are building a new church on an adjacent property and revitalizing the community with a mixed-use development. At the groundbreaking ceremony in September 2015 a time capsule was opened, revealing memorabilia buried in 1950.

Additionally, a public walkway between Wayne Avenue and Bonifant Street is planned to separate the new church building from Central and to provide a pedestrian connection between the two streets. It will be highlighted by an art sculpture by Rodney Carroll, a renowned sculptor whose art graces museums, hotels, and parks throughout the Mid-Atlantic.

Move-ins are expected to begin in September. Stay in touch with the community by following them on Instagram (@liveatcentralapts), Facebook (@LiveatCentral), and Twitter (@Live_at_Central).

ENDS

For more information contact:
Gabrielle Nadel, Senior Account Executive
LEVICK
+1 202 740 5545
gnadel@levick.com

Patti Glass, Director of Corporate Marketing & Communications
Grosvenor Americas
+1 604 640 3535
patti.glass@grosvenor.com

Notes to Editors

Grosvenor Americas

Grosvenor Americas aims to become a market leader in select geographical areas and sectors in Canada and the USA through focused, strategic expansion. Grosvenor Americas uses their knowledge of the cities they work in and their property skills to develop projects that contribute to the vibrancy and attractiveness of those communities. With particular interest in retail, residential condominiums and apartments, and mixed-use sectors, the Company currently operates in Washington, D.C., Seattle, San Francisco, Los Angeles, Vancouver and Calgary. As at 31 December 2016, Grosvenor Americas had assets under management of C$4.6bn. www.grosvenor.com   @GrosvenorAmer

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