Property: The Six
Developer: Perseus TDC
Location: Hyattsville, Maryland
Unit Size: 316 units
Cost: $110 million
Developer Perseus TDC, working in partnership with investor Griffin Capital Co., has broken ground on the first multifamily project in Prince George’s County, Maryland, designed to meet the requirements for National Green Building Standard Gold certification.
The Six, located in Hyattsville, Maryland, will include 316 residential units, 2,052 square feet of ground floor retail space and a 276-vehicle parking garage. The name pays homage to Hyattsville’s original neighborhoods, and the structure will feature both indoor and outdoor murals commissioned from local artists in recognition of the area’s artistic heritage.
The building will be within walking distance of the Prince George’s Square Metro stop, itself eight Metro stops from Washington, D.C., and 1 mile from the University of Maryland’s main campus. Galleries, parks, nightlife, shopping and restaurants are also available in Hyattsville’s nearby Arts District.
On-site amenities will include bicycle parking and a bicycle maintenance station, a rooftop pool terrace and recreation area, and a two-level fitness, co-working and lounge space off the main lobby, according to the developer’s website. Units are expected to open for move-ins in summer 2024.
The project is intended to contribute to the community development goals of the Metropolitan Washington Council of Governments, according to a press release on the project. The council’s goals encourage more affordable and sustainable housing in “activity centers,” or areas expected to accommodate the Washington, D.C., region’s future growth.
In addition to sustainable materials and building processes, The Six’s green features will include Energy Star appliances, all-native plantings and electric vehicle charging stations at a minimum of 5% of parking spaces.
“Through close collaboration with our partners, this project advances many of our shared values – most notably, environmental responsibility, housing equity and preservation of community,” said Nihar Shah, vice president of development at Washington, D.C.-based Perseus TDC, in the press release.