Construction of the Aventon Annapolis apartment complex in Annapolis, Maryland has begun. Aventon Companies, a significant, vertically integrated multi-family developer with current projects in the mid-Atlantic and Southeast, is leading the charge. The project, which will be located at 2555 Riva Road, will be a five-story, 250-unit, amenity-rich apartment community on approximately four acres, ideally located near major Fortune 500 businesses, world-class schools, and hospitals, as well as restaurants and retail centers. Aventon Annapolis is being built in collaboration with Westminster Capital, a private equity business located in Lake Forest, Illinois.
Also Read: US$183.5 million approved for Maryland Purple Line construction
The new development will include large studio, one, and two-bedroom floorplans with smart home technologies and high-end furnishings. Over 15,000 square feet of amenity space is designed for easy living and includes a resort-style, saltwater pool, game room with activities such as pool, shuffleboard, and retro arcade machines. A fitness center with strength and cardio training equipment, private day offices, and a conference room are also included. There is plenty of walking space, a dog park, and a state-of-the-art pet spa for animal enthusiasts. Aventon Annapolis has been authorized as the multi-family component of a larger mixed-use project that includes 50,000 square feet of office space and 7,200 square feet of retail space.
Aventon Annapolis Apartment complex design
SK+I Architecture, ParkerRodriguez, Inc., and Carlyn and Company designed the project. Aventon Companies has built an amazing $1.5 billion portfolio of ground-up developments across Florida, Georgia, the Carolinas, and the Mid-Atlantic in less than three years, bringing approximately 6,000 Aventon-branded apartment houses to the states. Aventon Annapolis is scheduled to open in 2023. “Because of its ideal position on the Chesapeake Bay, a thriving local economy, and supply limits, Annapolis is one of the most sought-after submarkets in the DC metro region. Aventon Annapolis is our first foray into the Annapolis market, and we are excited to become the preeminent luxury asset for apartment living in a very distinguished town “said Aventon Companies’ Senior Managing Director Mark Coletta.