Aventon Companies, a multifamily developer with active projects throughout the mid-Atlantic and Southeast, announced it has begun construction on its latest apartment community, in Annapolis.
Aventon Annapolis, located at 2555 Riva Road, will be a five-story, 250-unit apartment community situated on nearly four acres and is being developed through a joint venture with Lake Forest, Illinois-based private equity firm Westminster Capital.
The apartment building will include studio, one- and two-bedroom floor plans that feature high-end finishes and smart home technology. Over 15,000 square feet of amenities include a resort-style, saltwater pool, a game room, a fitness center, private day offices, a conference room and a podcast studio. There will also be walking space, a dog park and a pet spa.
Aventon Annapolis is slated to be completed in 2023.
“Annapolis is one of the most sought-after submarkets in the DC metro area thanks to its prime location on the Chesapeake Bay, supply constraints, and a booming local economy,” said Mark Coletta, senior managing director for Aventon Companies. “Aventon Annapolis marks our first venture into Annapolis, and we are thrilled to become the premier luxury asset for apartment living in this already prestigious town.”
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