Ritz-Carlton Residences is partnering with Greenbelt developer Bozzuto on a 65-unit condominium building in the Chevy Chase Lake development scheduled to be completed in a year.
The building, at 8507 Connecticut Ave., will be seven stories and will sit on top of retail space, Bozzuto Vice President of Homebuilding Operations Kerri Paulino told Bethesda Beat Friday morning.
Paulino said the top floor of the building will be 12,000 square feet and will have a fitness center, yoga and meditation space, and co-working spaces. There will also be a “piano lounge,” which might be used as an event space, she said.
Paulino said the condos will range from 1,100 to 2,200 square feet and will come in one-, two- and three-bedroom varieties.
She declined to share the prices of the condos. “We’re still undergoing that analysis right now,” she said.
Ritz-Carlton, a subsidiary of Bethesda-based Marriott International, states on its website that its residences have amenities such as concierge services and in-residence dining. Its residences are in 12 states and Washington, D.C., according to the website.
Paulino said Ritz-Carlton and Bozzuto had been “talking about opportunities for a while,” but the partnership was formalized in the last few weeks.
News of the partnership was first reported Thursday by The Washington Business Journal.
A ceremonial groundbreaking was held in December 2018 to mark the beginning of the Chevy Chase Lake project.
Paulino said Friday that in addition to the condominium building, two apartment buildings are also planned for Chevy Chase Lake. The development will include 100,000 square feet of retail space.
The first apartment building is scheduled to be ready just before the condominium building, she said. The second apartment building is scheduled to be completed about a year and a half after the first apartments, and will be close to the planned light rail Purple Line, she said.
Paulino added that a grocer has been secured for the retail space, but it hasn’t been announced.
“They will announce, on their time, their plans to move into the space,” she said.
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