Located just across the Potomac River from Georgetown, the $350 million high-rise has been metro DC’s fastest-selling luxury condominium for two years. The luxury community transformed the skyline and according to Turnberry Associates’ President of Residential Real Estate Dan Riordan, the property is the first example of what is to come for the brand in the region.
“We are very excited about our future in the DC area," Riordan says. "The market drivers and indicators are very positive for what we aim to do here."
Turnberry Associates has originated and built communities across the country since 1967, and its specialties are diverse. It has developed $7+ billion in luxury residential, hospitality and retail properties, including 20 million square feet of retail space, 7,000+ apartments and condominium units, 1.5 million square feet of Class A office space and more than 2,000 hotel and resort rooms.
Turnberry Associates' Fontainebleau Miami Beach
One of the firm's earliest projects, Turnberry Isle Miami and Aventura Mall, was built on 785 acres of swampland in North Dade County in the late 1960s. Nearly 50 years later, it is home to thousands of residents, numerous office buildings, and is still one of the top three grossing retail properties in the country. Turnberry Associates will continue to expand in Florida, the firm's home base. But it is also actively looking for residential and commercial development and joint venture opportunities both nationally--particularly in the DC area and Manhattan--and internationally.
Turnberry Associates has always had a well-defined vision for its brand. “If we can’t create something that contributes to the lifestyle, happiness and aesthetic pleasure of the people we serve, then we won’t build it,” says Chairman and CEO Jeffrey Soffer (son of founder Donald Soffer).
This article is a sponsored message from Turnberry Associates.
This article originally published at http://dc.urbanturf.com/articles/blog/presented_by_turnberry_scouts_new_opportunities_in_dc_area/5896
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