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Aug. 5, 2013

Wood Partners, Chesapeake Realty Partners and Taylor Property Group Plan 470 Units for Towson

By Adrian Maties, Associate Editor

Wood Partners has joined forces with Chesapeake Realty Partners and the Taylor Property Group to bring 470 new homes to the Towson Town Center. Work has already started on the project which will be developed in two phases.

Two four-story buildings will be constructed on Dulaney Valley Court, near Towson Town Center Regional Mall and Interstate 695, replacing a 70-year old, 150-unit apartment community and tripling the site’s density. Baltimore County’s Design Review Panel approved plans for the project in March.

The Winthrop, the first phase of the project, is developed by Chesapeake Realty Partners and Wood Partners. It consists of 295 units with attached, structured parking at Dulaney Valley Road and Southerly Road. The Class A community will start leasing in May 2014.

Wood Partners is developing the second phase of the project together with Taylor Property Group. Phase two will deliver 175 units. The two buildings are designed to be complementary. However, they will be operated separately. Both communities will feature such amenities as controlled-access parking garages, fully featured Resident’s Clubs, swimming pools, fitness centers, game rooms—all in environmentally friendly/green buildings.

“We like Baltimore County for a number of reasons. Overall, it’s just a great place to live with lots of jobs,” Scott Zimmerly, director of Wood Partners’ Mid-Atlantic Region, said in a recent press statement. “This site is right off the beltway, Interstate 695, and it’s only 15 minutes from Baltimore City. It’s also very close to several colleges and to Towson Town Center, the premier shopping destination in the metro area.”

In the press release, Chesapeake Realty Partners Co-Chairman Lawrence M. Macks expressed his beliefs that the two communities will convince the target demographic to choose living in Towson over living in downtown Baltimore. Towson is the seat of Baltimore County. The area has the best demographics in the county.

Photo credits: Chesapeake Realty Partners

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