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The Howard Hughes Corporation, Kettler And Orchard Development Corporation Break Ground On The Metropolitan Downtown Columbia

Stocks in this article: HHC

The Howard Hughes Corporation (NYSE: HHC), Kettler and the Orchard Development Corporation announced the groundbreaking for The Metropolitan Downtown Columbia, the first development to proceed under the 2010 Downtown Columbia Plan. The Metropolitan will feature 380 luxury apartments, access-controlled garage parking and nearly 14,000 square feet of ground floor retail.

Project amenities include the largest resident clubhouse in Columbia; a fitness center with studio; media and game rooms; a catering kitchen with a dining area flowing out to an active courtyard featuring an outdoor screening room; an all-season kitchen with built-in grills and bar; and a pool with submerged seating and cabanas. The project also includes the development of a 28,500-square-foot public promenade with a 6,000-square-foot children’s play area, creating a local gathering place.

“It is exciting to celebrate this pivotal first step in the revitalization of downtown Columbia,” said John E. DeWolf, Senior Vice President of Development for The Howard Hughes Corporation. “This milestone has been highly anticipated by everyone in the community, especially those who have invested significant time and effort in the planning process.”

The 2010 Downtown Columbia Plan allows for up to 13 million square feet of new density comprised of 5,500 residential units, 4.3 million square feet of office, 1.25 million square feet of retail and up to 640 hotel rooms. The plan also includes a new multi-model transportation system and the redevelopment of Merriweather Post Pavilion concert venue.

The Howard Hughes Corporation is partnering with Kettler, of McLean, VA, and Orchard Development Corporation of Ellicott City, MD. Kettler is ranked among the top multifamily developers in the nation and is one of the largest private companies in the Washington Metro Area. Kettler’s multi-family development experience includes The Millennium at Metropolitan Park, The Gramercy at Metropolitan Park in Pentagon City, The Metropolitan at Reston Town Center and The Metropolitan at Village at Leesburg. The firm has developed or acquired/renovated more than 21,000 multifamily units in 85 projects throughout the Washington Metro area.

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