Part of Phase 3 of $350 million mixed-use project
Greenberg Gibbons announced today that “Phase 3” of Towson Row, the $350 million mixed-use destination and new gateway to downtown Towson, will open August 25. Phase 3 includes The York, a five-story, contemporary apartment building located above Whole Foods Market under construction, and a new open-air plaza. Greenberg Gibbons is developing Towson Row in partnership with Caves Valley Partners, and The York is a joint venture with Gilbane Development Company.
“Opening The York and outdoor plaza at Towson Row is another great milestone in creating a transformative lifestyle destination for the Towson community,” said Brian Gibbons, Chief Executive Officer and Board Chairman of Greenberg Gibbons. “The York is already 99% preleased, so it shows the level of excitement and interest this project has created.”
The York is a 231-unit, 282,000-square-foot apartment complex within walking distance to Towson University. Offering over 18 floor plans, each apartment comes fully furnished and has a living room, full kitchen, in-unit washer and dryer, high-speed internet and flat-screen TV. The amenity-rich building features an outdoor courtyard, clubroom, fitness center, computer lounge, study rooms, game room and a terrace for outdoor socializing and entertaining. Residents will begin moving in August 25. Additional information is available at: https://theyorktowson.com/.
“The York’s outstanding amenities and centralized Towson Row location offers sophisticated living in the heart of Towson and atop the all-new Whole Foods Market under construction,” noted Russ Broderick, Senior Vice President for Gilbane Development Company. “We’re proud to have delivered this community alongside Greenberg Gibbons and look forward to creating a welcoming home for our residents this fall.”
Towson Row’s open-air plaza is a warm and inviting outdoor gathering place that includes a vibrant street scape, fountain, and seating areas for all to enjoy.
Towson Row is located on five acres between York Road, Towsontown Boulevard, Washington Avenue and Chesapeake Avenue. The 1.2 million-square-foot development, that will be anchored by a 45,000-square-foot Whole Foods Market, will include over 75,000 square feet of retail/restaurant space, 150,000 square feet of Class A office space, 720 student housing beds, 231 sophisticated apartment units, the adaptive re-use of the former National Guard armory building into Towson University’s StarTUp and a 220-room dual-flag hotel.
About Greenberg Gibbons
Celebrating more than 50 years of success, Greenberg Gibbons is one of the East Coast’s premier developers, investors, and owners of mixed-use, retail, and flex/R&D properties. The company has developed and managed a portfolio of more than 10.6 million square feet of properties. Its signature projects include the award-winning Hunt Valley Towne Centre, Annapolis Towne Centre, Waugh Chapel Towne Centre, Foundry Row, and Towson Row. For more information, visit www.ggcommercial.com.
About Gilbane Development Company
Gilbane Development Company is the project development, financing and ownership arm of Gilbane, Inc., a private holding company in its fifth generation of family ownership and management. Gilbane Development Company provides a full slate of real estate development and project management services. Completed projects incorporate every aspect of real estate including student housing, multifamily, residential communities, mixed-used developments, corporate headquarters, healthcare facilities, operational | data | distribution centers, R&D | manufacturing facilities, and many types of facilities delivered through public-private partnerships. Through its trademarked “Next Level of Student Housing®” program, Gilbane Development Company has completed or currently has in development over 16,000 beds of student housing. To learn more, visit www.gilbaneco.com/development or call 1-800-GILBANE.