The Bozzuto Group, a Greenbelt-based real estate firm that has built more than 42,000 homes and apartments, was named multifamily development firm of the Year by the National Association of Home Builders.
The 29-year-old company, which received the award Tuesday at a ceremony in Orlando, has built large developments in Baltimore, such as the Union Wharf apartments in Fells Point and the Fitzgerald in Mount Royal. It also has a stake in the $100 million, 292-unit Anthem House in Locust Point that is set to open this year.
The association's Multifamily Leadership Board praised Bozzuto for "expertise in maximizing density, creating a high-end rental product compatible with a town center, employing low-impact green approaches and reusing land that no longer serves the needs of the community."
The board noted that Bozzuto's portfolio includes high-rises, garden-style apartments, mixed-use communities and affordable housing, "with an eye toward neighborhoods that are walkable and transit-oriented."
In addition, Bozzuto's vice president of marketing, Kelley Shannon, was named marketing manager of the year, and two of the firm's Washington-area developments won recognition for their website and interior merchandising.
"Bozzuto Development considers every project a joint venture, whether with land sellers, private investors, not-for-profit groups or institutional partners," John "Ed" Easley, chairman of the Multifamily Leadership Board, said in a statement. "Its successful public and private partnerships have earned it the trust of development partners and community leaders alike."
Toby Bozzuto, the firm's president and CEO, said the award affirms his company's mission "to nobly create communities and sanctuaries that differentiate us from our peers."