Armada Hoffler Properties has announced that the company is investing $42 million into the multifamily component of Annapolis Junction Town Center. The $102 million project is a planned 18-acre mixed-use, multi-asset development that will also feature 17,000 square feet of retail space, a 150-room hotel and 100,000 square feet of office space. Armada Hoffler will partner with the lead developer for the Town Center on building the residential portion of the mixed-use development. The project will feature 416 apartment homes with structured parking adjacent to the Savage MARC Commuter Rail Station.
“Because of our commitment to the Greater Baltimore and Washington, D.C. market, we continue to develop key relationships in the area to bring transformational projects to life,” said Tony Nero, President of Development at Armada Hoffler Properties.“The Residences at Annapolis Junction Town Center will provide professionals from the area access to high-quality housing opportunities near a major employment hub.”
