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Financing Secured for Shady Grove Metro Multifamily

March 12, 2021
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Financing Secured for Shady Grove Metro Multifamily
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ROCKVILLE, MD – EYA LLC, Bozzuto and the Housing Opportunities Commission of Montgomery County have closed on construction financing for the mixed-use and mixed-income multifamily property, the Hurston, located in Rockville, MD.

Situated in EYA’s transit-oriented, mixed-use neighborhood, Westside at Shady Grove, the Hurston serves as the latest phase of the 45-acre development.

Upon completion, the seven-story property will offer 21,000 square feet of street-level retail, 7,400 square feet of office space and 268 apartment units. Of the multifamily space, 81 units will be designated as affordable housing apartments.

The Hurston will offer luxury apartments and a wide range of amenities, including a zero-edge swimming pool, indoor and outdoor fire pits, co-working amenities, a makerspace and a children’s play area.

“These homes and apartments replace county-owned warehouses…

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