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Toll Brothers Apartment Living Signs Major Retail Lease at Vermeer, a Luxury Mixed-use Multifamily Community Opening in Washington, D.C.

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Toll Brothers Apartment Living, a division of Toll Brothers, Inc. (NYSE: TOL), has announced Gold's Gym as the first retail tenant for Vermeer, a luxury mixed-use multifamily community in Washington, D.C. The 19,817 sq. ft. Gold's Gym will be one of the largest retail users in the Buzzard Point neighborhood.

Vermeer, located at 113 Potomac Ave SW, will feature 501 apartment residences, upscale amenities, and approximately 37,000 square feet of ground-floor retail space. The 13-story building is set to open this winter, with Gold's Gym slated to open in early 2025.

The development aims to create a dynamic street-level experience along Potomac Avenue, connecting residents to restaurants, shopping, entertainment venues, and two major league sports stadiums. Vermeer will offer luxury amenities including a refined resident lounge, penthouse-level fitness center, rooftop pool, and breathtaking 360-degree views of Washington, D.C.

Toll Brothers Apartment Living, una divisione di Toll Brothers, Inc. (NYSE: TOL), ha annunciato Gold's Gym come il primo inquilino commerciale per Vermeer, una comunità multifamiliare di lusso a Washington, D.C. Il Gold's Gym di 19.817 piedi quadrati sarà uno dei più grandi utilizzatori commerciali nel quartiere di Buzzard Point.

Vermeer, situato al 113 di Potomac Ave SW, presenterà 501 appartamenti, servizi di alta gamma e circa 37.000 piedi quadrati di spazio commerciale al piano terra. L'edificio di 13 piani è programmato per aprire quest'inverno, con l'apertura di Gold's Gym prevista all'inizio del 2025.

Lo sviluppo mira a creare un'esperienza dinamica a livello di strada lungo Potomac Avenue, collegando i residenti a ristoranti, negozi, luoghi di intrattenimento e due stadi di sport di leghe maggiori. Vermeer offrirà servizi di lusso che includono un elegante lounge per residenti, un centro fitness al livello attico, una piscina sul tetto e mozzafiato panorami a 360 gradi di Washington, D.C.

Toll Brothers Apartment Living, una división de Toll Brothers, Inc. (NYSE: TOL), ha anunciado Gold's Gym como el primer inquilino comercial para Vermeer, una comunidad multifamiliar de lujo en Washington, D.C. El Gold's Gym de 19,817 pies cuadrados será uno de los mayores usuarios comerciales en el vecindario de Buzzard Point.

Vermeer, ubicado en 113 Potomac Ave SW, contará con 501 apartamentos, comodidades de alto nivel y aproximadamente 37,000 pies cuadrados de espacio comercial en la planta baja. El edificio de 13 pisos está programado para abrir este invierno, con la apertura de Gold's Gym prevista a principios de 2025.

El desarrollo tiene como objetivo crear una experiencia dinámica a nivel de calle a lo largo de Potomac Avenue, conectando a los residentes con restaurantes, tiendas, lugares de entretenimiento y dos estadios de deportes de ligas mayores. Vermeer ofrecerá comodidades de lujo que incluyen un elegante salón para residentes, un gimnasio en el nivel del ático, una piscina en la azotea y vistas impresionantes de 360 grados de Washington, D.C.

Toll Brothers Apartment Living, Toll Brothers, Inc. (NYSE: TOL)의 부서가 Gold's Gym을 첫 번째 소매 세입자로 발표했습니다. 이는 워싱턴 D.C.에 위치한 고급 혼합 용도의 다세대 주택 단지 Vermeer의 일부입니다. 19,817 평방 피트 규모의 Gold's Gym은 Buzzard Point 지역에서 가장 큰 소매 사용자 중 하나가 될 것입니다.

Vermeer는 113 Potomac Ave SW에 위치하며 501개 아파트, 고급 편의시설, 약 37,000 평방 피트의 1층 소매 공간을 갖출 예정입니다. 13층 건물은 이번 겨울에 개장할 예정이며, Gold's Gym은 2025년 초에 개장을 계획하고 있습니다.

이 개발은 Potomac Avenue를 따라 역동적인 거리 경험을 창출하여 주민들이 레스토랑, 쇼핑, 오락 장소 및 두 개의 주요 리그 스포츠 경기장과 연결될 수 있도록 하는 것을 목표로 하고 있습니다. Vermeer는 고급 편의시설을 제공할 예정이며, 이를 통해 고급 거주자 라운지, 펜트하우스 수준의 피트니스 센터, 옥상 수영장 및 워싱턴 D.C.의 360도 전망을 즐길 수 있습니다.

Toll Brothers Apartment Living, une division de Toll Brothers, Inc. (NYSE: TOL), a annoncé Gold's Gym comme premier locataire commercial pour Vermeer, une communauté multifamiliale de luxe à Washington, D.C. Le Gold's Gym de 19 817 pieds carrés sera l'un des plus grands utilisateurs commerciaux du quartier de Buzzard Point.

Vermeer, situé au 113 Potomac Ave SW, proposera 501 résidences d'appartements, des équipements haut de gamme et environ 37 000 pieds carrés d'espace commercial au rez-de-chaussée. Le bâtiment de 13 étages devrait ouvrir cet hiver, avec l'ouverture de Gold's Gym prévue pour début 2025.

Le développement vise à créer une expérience dynamique à niveau de rue le long de Potomac Avenue, reliant les résidents à des restaurants, des magasins, des lieux de divertissement et deux stades de sports de ligue majeure. Vermeer offrira des équipements de luxe comprenant un salon raffiné pour les résidents, un centre de fitness au niveau du penthouse, une piscine sur le toit et des vues à couper le souffle à 360 degrés sur Washington, D.C.

Toll Brothers Apartment Living, eine Abteilung von Toll Brothers, Inc. (NYSE: TOL), hat Gold's Gym als ersten Einzelhändler für Vermeer, eine luxuriöse, gemischt genutzte Wohnanlage in Washington, D.C., bekannt gegeben. Die 19.817 Quadratfuß große Gold's Gym wird einer der größten Einzelhandelsnutzer im Stadtteil Buzzard Point sein.

Vermeer, gelegen an der 113 Potomac Ave SW, wird 501 Wohnungseinheiten, gehobene Annehmlichkeiten und etwa 37.000 Quadratfuß Einzelhandelsfläche im Erdgeschoss bieten. Das 13-stöckige Gebäude soll in diesem Winter eröffnet werden, wobei Gold's Gym voraussichtlich Anfang 2025 eröffnen wird.

Das Entwicklungsziel besteht darin, ein dynamisches Erlebnis auf Straßenniveau entlang der Potomac Avenue zu schaffen, das die Bewohner mit Restaurants, Einkaufsmöglichkeiten, Unterhaltungsorten und zwei Sportstadien der Major League verbindet. Vermeer wird luxuriöse Annehmlichkeiten bieten, darunter eine raffinierte Lounge für Bewohner, ein Fitnesscenter auf Penthouse-Niveau, einen Dachpool und atemberaubende 360-Grad-Aussichten auf Washington, D.C.

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The 19,817 sq. ft. Gold’s Gym will be one of the largest retail users in the bustling Buzzard Point neighborhood

WASHINGTON, July 24, 2024 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living, the rental division of Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, today announced the signing of Gold’s Gym as its first retail tenant at Vermeer, a luxury mixed-use multifamily community located at 113 Potomac Ave SW in Washington, D.C. Anticipated to open this winter, the community will feature 501 apartment residences, upscale amenities, expansive rooftop views, and approximately 37,000 square feet of ground-floor retail space.

Vermeer by Toll Brothers Apartment Living

Founded in 1965, Gold’s Gym is an international chain of fitness centers offering state-of-the-art strength and cardio training, exercise classes, and personal training. The location at Vermeer will offer over 3,000 square feet of turf with extensive functional training equipment, nationally certified personal trainers, a wide variety of strength and cardio training equipment including 10 lifting platforms, Therabody recovery products, and luxury locker rooms with infrared saunas. In addition, Gold’s Gym will feature exclusive equipment from Gym80, a premier German manufacturer of strength training equipment. The new location is part of Gold’s Gym – DC Metro, a locally owned and operated franchise group serving Washington, D.C., Maryland, and Virginia. Slated to open in early 2025, it will be the group’s 22nd location overall, and sixth in Washington, D.C. The deal was brokered by Jared Meier and Taylor Hayes of CBRE and Edwin M. Clark, III, of Newmark Group, and the project’s joint venture partner, CrossHarbor Capital Partners, was integral to the process.

“We are excited to welcome Gold’s Gym as our first retail partner at Vermeer, which will be an anchor for the dynamic street-level experience we envision along Potomac Avenue,” said Michael Skena, Managing Director of Toll Brothers Apartment Living in the Mid-Atlantic region. “Toll Brothers Apartment Living is committed to best-in-class retail partnerships that help to create communities at the intersection of home and life. We look forward to working with Gold’s Gym – DC Metro to create a fitness destination for all residents of the Buzzard Point and greater Capitol Riverfront neighborhoods.”

Gold’s Gym is the first retail tenant at Vermeer by Toll Brothers Apartment Living

Vermeer will provide its residents and the surrounding neighborhood with a diverse mix of retailers to strengthen the offerings of this rapidly developing area. Its prime location is at the intersection of two growing neighborhoods that connect residents to restaurants, shopping, entertainment venues, two major league sports stadiums, and the amenities and activities of the riverfront.

“Buzzard Point and the Capitol Riverfront Business Improvement District offer tremendous opportunity for businesses in D.C.,” said Matthew Anderson, Director of Development and Construction for Toll Brothers Apartment Living in the Mid-Atlantic region. “With Vermeer’s luxury multifamily residences and Gold’s Gym’s renowned fitness offerings, we expect to make a significant positive impact on the development of this neighborhood.”

Construction on Vermeer began in late 2022. The 13-story building will include 11 stories of modern residences and expansive amenities at the penthouse level, all above the ground-floor retail space. The curated amenity offerings will include a refined resident lounge and game room, a penthouse-level fitness center, a rooftop pool and terraces, a private dining room, tech savvy coworking spaces, and two courtyards. The rooftop will provide breathtaking 360-degree views of Washington, D.C., including the Capitol Building, Audi Field (home to D.C. United, the Washington Spirit, and the D.C. Defenders), Nationals Park (home to the Washington Nationals), the Anacostia and Potomac Rivers, and the Frederick Douglass Memorial Bridge.

Vermeer will be Toll Brothers Apartment Living’s fourth multifamily community, and second mixed-use apartment community in Washington, D.C., after Union Place in the District’s NoMa neighborhood. For more information about Vermeer, visit livevermeer.com.

ABOUT TOLL BROTHERS APARTMENT LIVING
Toll Brothers Apartment Living is the apartment development division of Toll Brothers, Inc. (NYSE: TOL), an award-winning Fortune 500 company, and the nation's leading builder of luxury homes. Toll Brothers Apartment Living brings the same quality, luxury, and service for which Toll Brothers is known to its exceptional rental and mixed-use communities in select markets, including Atlanta, Boston, Dallas, Los Angeles, New York, Philadelphia, Phoenix, and Washington, DC. Toll Brothers Apartment Living communities combine the energy of vibrant locations with unparalleled amenities, resident services, and the design and expertise of America’s Luxury Home Builder®. In 2024, Toll Brothers Apartment Living was named to the National Multifamily Housing Council’s Top 25 Largest Developers list, the fifth year it has been so recognized. The firm has completed over 10,000 units nationally, with more than 18,000 units in production.

For more information visit TollBrothersApartmentLiving.com.

ABOUT TOLL BROTHERS
Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 57 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.    
  
In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World's Most Admired Companies™ list and the Company’s Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron’s magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.
  
From Fortune, ©2024 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/473809ce-ab23-4187-96ed-e112bab457cf

https://www.globenewswire.com/NewsRoom/AttachmentNg/a1aacd6d-e6e5-4f82-a098-a6ca13c130c2

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG) 


FAQ

When is Toll Brothers' Vermeer luxury apartment community in Washington, D.C. expected to open?

Vermeer, Toll Brothers' luxury mixed-use multifamily community in Washington, D.C., is anticipated to open in winter 2024.

How many apartment residences will Toll Brothers' Vermeer community in D.C. feature?

Toll Brothers' Vermeer community in Washington, D.C. will feature 501 apartment residences.

What is the first retail tenant announced for Toll Brothers' Vermeer community in Washington, D.C.?

Gold's Gym has been announced as the first retail tenant for Toll Brothers' Vermeer community in Washington, D.C.

How large is the Gold's Gym space in Toll Brothers' Vermeer development?

The Gold's Gym space in Toll Brothers' Vermeer development will be 19,817 square feet.

When is Gold's Gym expected to open in Toll Brothers' Vermeer community?

Gold's Gym is slated to open in early 2025 in Toll Brothers' Vermeer community in Washington, D.C.

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