Sovren, a Gilbane Development Company Property, Welcomes First Residents to a New Standard of Multifamily Living
Hyattsville, MD – (November 16, 2024) – Sovren, the latest multifamily property by Gilbane Development Company, is proud to welcome its first residents. Designed with modern convenience, luxury, and community in mind, this five-story, 293-unit community offers an unparalleled living experience for individuals and families seeking a vibrant and connected lifestyle. 147 affordable units are reserved at 80% of the area medium income (“AMI”), 2,500 SF of ground floor retail space and an art-wrapped parking garage with 298 spaces have direct connectivity to the WMATA Green and Yellow lines. This commitment to long term affordability has been made possible through a collaborative partnership with Amazon and the Prince George’s County Department of Housing and Community Development (DHCD).
Located in the heart of Hyattsville, MD, Sovren combines thoughtful design with premium amenities, creating a dynamic environment for residents. As part of Gilbane Development Company’s portfolio, Sovren reflects the company’s ongoing commitment to creating high-quality, sustainable communities tailored to today’s urban living. Tucked away from the hustle and bustle of West Hyattsville, the property is situated in a more tranquil area surrounded by the Northwest Branch of the Anacostia River, parks, and offers direct access to the National Capital Hike & Bike Trail System. The property offers a variety of studio, one-, two-, and three-bedroom units, each featuring smart-home technology, contemporary finishes, in unit washer and dryers, and open-concept layouts. Select units have balconies with picturesque views.
“We are proud to welcome new residents to Sovren and contribute to the growth and affordability of the Hyattsville, MD, and the greater Prince George’s County area,” said Bobby Gilbane, Senior Vice President at Gilbane Development Company. “Our partnership with Amazon and the Prince George’s County DHCD underscores our shared vision of creating inclusive communities that support individuals and families at various income levels that delivers on the promise of best-in-class transit-oriented development.”
Residents of Sovren enjoy an exceptional array of amenities, including a resort-style pool with cabanas and a spacious sun deck, state-of-the-art fitness center equipped with the latest cardio and weight equipment along with a dedicated yoga space, and co-working spaces. Pet-friendly facilities feature a dog park and pet-washing station, while the entertainment lounge offers a billiards table and modern kitchen. Outdoor grilling areas and fire pits provide ideal settings for social gatherings, and secure parking and bike storage add to the convenience.
“We’re excited to welcome our first residents and provide a community where they can thrive,” said Katy Moore, Director of Leasing at Gilbane Development Company. “Sovren exemplifies our mission to develop dynamic, sustainable communities that meet the evolving needs of today’s renters.”
Where to Lease at Sovren
Prospective residents can explore floor plans, take virtual tours, and apply online by visiting livesovren.com. The leasing team is available to assist with inquiries and tours, either onsite or by phone. To schedule a visit, please contact the leasing office at 301.851.6955 or visit livesovren.com
Sovren is a complement to GDC’s broader The Riverfront at West Hyattsville project and Gilbane Development Company’s continued investment in Prince George’s County, having recently delivered Atworth, a vibrant, transit-oriented, mixed-use apartment community adjacent to the Metro, MARC, and the future MTA Purple Line station; TEMPO, a purpose-built student housing development serving students at the University of Maryland; and having involvement as developer and financing member in the Blueprint Schools partnership with Prince George’s County Schools to design, build, finance, and maintain (for 30 years) six (6) new public schools delivering in 2023, with awarding 33 percent of contracts ($134 million) to Minority Business Enterprises (MBEs), including $68 million awarded to Prince George’s County businesses and $65 million awarded to county MBEs.
About Gilbane Development Company
Gilbane Development Company is the real estate development, financing, and ownership arm of Gilbane, Inc., a 154-year-old family-owned company. With over $8.5 billion in development and more than 25,000 units of housing completed/underway, Gilbane Development Company’s projects incorporate every aspect of real estate including multifamily housing (market-rate apartments, student housing, and affordable housing); mixed-used developments; healthcare facilities; K-12 schools; government facilities; and many types of facilities delivered through public-private partnerships. To learn more, visit gilbaneco.com/development.
