RESIDENCES AT THE SIX, A SUSTAINABLE MULTIFAMILY DEVELOPMENT, COMING TO HYATTSVILLE, MD

Washington – Perseus TDC and its investment partner Griffin Capital Company, LLC announce the start of construction on Prince George’s County’s first multifamily development designed for National Green Building Standard Gold certification.

Residences at The Six (“The Six”), to be located at 6400 America Blvd. in Hyattsville, Maryland, will include 316 units plus 2,052 square feet of ground-level retail and a 276-vehicle structured parking garage. The Six also has the distinction of achieving all three goals of the Metropolitan Washington Council of Governments, which in combination aim to provide more affordable housing in areas the Council considers “activity centers.” The first delivery is scheduled for Summer 2024.

“We are pleased to introduce Residences at The Six to one of the D.C. region’s most unique neighborhoods,” said Nihar Shah, Vice President of Development at Perseus TDC. “Through close collaboration with our partners, this project advances many of our shared values – most notably, environmental responsibility, housing equity, and preservation of community.”

A highly walkable city only eight Metro stops from Washington, D.C.’s central business district and one mile from the University of Maryland’s main campus, Hyattsville is home to an eclectic, thriving Arts District complete with galleries, parks, nightlife, shopping, breweries and restaurants. The new community’s name, The Six, pays homage to the original neighborhoods of Hyattsville, and indoor/outdoor murals will be commissioned with local artists to honor the area’s authentic artistic influences.

In addition to the use of sustainable materials and building processes, the envisioned Gold-certified building will include all native plants and Energy Star appliances, and a minimum of 5% of parking is allocated to electric vehicle charging stations.

Residents of The Six will enjoy a host of modern amenities, including a state-of-the-art, two-level fitness center and yoga studio; large coworking/WFH areas with connected WiFi; courtyard and rooftop entertaining areas complete with fireplaces and grills; secure bike parking and bike workshop; a dedicated pet spa; refrigerated and monitored package areas; and a top-floor pool that, until this development, was uncommon in the county.

The Six is Griffin Capital’s fourth multifamily collaboration with Transwestern regional offices, with others in Denver, Tempe, Ariz., and Austin, Texas.

“We are extremely excited to continue our partnership with Transwestern as well as bring much needed, environmentally thoughtful housing to the community,” said Eric Kaplan, President of Griffin Capital.

Potomac Investment Properties is co-development partner on the project and has worked with Perseus TDC from the beginning of entitlements and design that started in 2020.

“It is an honor to be involved in a development that celebrates both the individuality of the city of Hyattsville as well as its residents,” said Rich Jordan, Managing Director at Potomac Investment Properties.

The project team includes BTC Design Group, Studios Architecture, Parker Rodriguez, Bohler, and CBG Builders Group as the general contractor. EagleBank serves as the lender.

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