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Perseus TDC and Griffin Capital Company, LLC, have started construction on Residences at the Six apartments in Hyattsville, MD.

Perseus, Griffin Capital Start $110M Sustainable Multifamily in Hyattsville

Perseus TDC and investment partner Griffin Capital Company, LLC, have started construction on a $110-million multifamily in Hyattsville, MD.

EagleBank serves as the lender, and Potomac Investment Properties is co-development partner on the project.

Residences at The Six, located on America Boulevard, will include 316 units plus 2,052 square feet of ground-level retail and a 276-vehicle structured parking garage.

According to Perseus, the project is Prince George’s County’s first multifamily development designed for National Green Building Standard Gold certification. It also holds 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.”

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.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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