Elion, Buchanan Break Ground on 254-Unit Lux MF in MD

Gaithersburg, MD-based Buchanan Partners and Elion Partners commenced development of Atelier, a 254-unit luxury multifamily building adjacent to the Glenmont Metro station in the Maryland suburbs of Washington, D.C. Estimated to deliver in the third quarter of 2020, the 3.5-acre project at 2511 Glenallan Rd. is the first new multifamily construction in Glenmont in decades.

AGM Financial Services arranged a $57 million loan through HUD’s 221(d)4 program, providing construction-to-permanent financing with a 40-year term.

Buchanan Partners’ Jimmy Roembke says, “This type of transit-oriented development is long overdue in Glenmont, with its close proximity to Metro, bike trails, shopping, parks, and employment centers.”

Atelier will feature an outdoor swimming pool, fitness center with yoga room, movie/media room, and a rooftop deck with a fire pit and outdoor flat-screen TV. An exclusive clubroom will provide billiards, shuffleboard, a poker table, double-sided fireplace, and catering kitchen. The building will have two tranquil courtyards with grilling stations, lawn games, and an outdoor movie screen.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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Elion, Buchanan Break Ground on 254-Unit Lux MF in MD

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Elion, Buchanan Break Ground on 254-Unit Lux MF in MD

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About Dennis Kaiser