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  1. Market Data
December 7, 2011

StonebridgeCarras JV to develop mixed-use project in US

StonebridgeCarras and PN Hoffman have formed a joint venture (JV) with Northwestern Mutual to develop a $200m mixed-use project in Bethesda, Maryland, US.

StonebridgeCarras and PN Hoffman have formed a joint venture (JV) with Northwestern Mutual to develop a $200m mixed-use project in Bethesda, Maryland, US.

SK&I Architectural Design Group has designed the project, while the Clark Construction Group is the general contractor.

The residential part of the development features an 88-unit luxury condominium called The Darcy, and The Flats, a 162-unit apartment building.

The construction work on the project is expected to start in January 2012.

 

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