Thursday, December 1, 2016

The Pearl Announces Phase I Delivery of Luxury Apartments

From our friends at The Pearl...

New Luxury Residential Units Now Leasing in Downtown Silver Spring, Maryland

The Tower Companies, a Washington, D.C.-based real estate developer and recognized sustainability leader, is excited to announce that The Pearl, the newest luxury apartment building in Silver Spring, MD, is now leasing apartment homes. The first 150 units of The Pearl will be available for move-in in February 2017, with the remaining 134 units delivering shortly after in Spring 2017. Upon completion of Phase I of The Pearl, the luxury 14-story complex will include three buildings with a total of 284 new residential units.

The Pearl offers residents a unique living experience starting with light-filled communal spaces and hallways featuring one-of-a-kind and local art. Individual units are designed with open-concept floor plans, floor-to-ceiling windows, custom-designed Italian kitchen cabinets, high-end finishes, stainless steel ENERGY STAR GE appliances, smart home technology with keyless entry for all units, and Nest thermostats for penthouse units. Prospective residents can choose from a junior flat, one bedroom, one bedroom plus den, two bedrooms, and three bedrooms units.

With 30,000 square feet of amenities, The Pearl residents will enjoy access to an extensive array of indoor communal spaces surrounded by a 12,000 square-foot courtyard, thus blurring the lines of the inside and outside. The premium amenities include a two-story floating state-of-the-art fitness center with towel service, a WorkLab with flexible workspace, an entertainment kitchen and indoor lounges, and outdoor fire pits and Tuscan-inspired communal dining table, and a lush rooftop terrace and kitchen with a resort-style outdoor pool that overlooks Rock Creek Park. The Pearl has a below-ground garage, with preferred parking for low-emitting and fuel-efficient vehicles, as well as more than 100 racks for secure bike storage and a dog grooming station. Additionally, residents will have access to an expansive private two-acre park with a programmed amphitheater, a 5,000 square-foot dog run, 5,000 square-foot organic urban farm, shaded children’s playground, and outdoor running paths and fitness equipment.

In addition to the building’s features and amenities, The Pearl promises a high level of hospitality for its residents. The Pearl residents will benefit from a 24-hour full-service concierge and free-of-charge services, such as lifestyle concierge services, fitness classes, healthy cooking classes, and start-to-finish moving services and coordination. Additionally, several services are available through a preferred vendors program with special pricing, such as car detailing, dog walking and grooming, design consultations, chef-prepared meals, and a local farm-share delivery weekly.

To align with Tower’s leadership role in the green building industry, The Pearl was thoughtfully designed with innovative sustainable practices in mind to inspire operational efficiency and encourage wellbeing practices for staff and residents.  Notable green features of the property include electricity generation from on-site solar PV panels, offsite renewable energy purchases to offset common area energy usage , 5,000 SF of Vegetated Green Roof Space with landscaping and irrigation systems to reduce irrigation water consumption by 60%, and electric vehicle charging stations. The Pearl is pursuing LEED Gold Certification. Furthermore, green features extend into the design of each individual unit and educational green guidelines are included in resident leases, allowing each resident to live wisely throughout the entire building.

“Our company’s vision is deeply rooted in the belief that buildings should inspire and enrich the lives of our residents,” said Jeffrey Abramson, partner at The Tower Companies. “The Pearl is a unique environment that will create a restorative place for your wellbeing. It’s a new perspective on living that will inspire to simply enjoy every moment.”

Prices for junior flats apartments at The Pearl start at $1,500, one-bedrooms from $2,000, one-bedroom plus den from $2,300, two-bedrooms from $2,800 and three-bedrooms from $3,500. The Pearl is Red Line Metro accessible at the Silver Spring stop, and has 50+ restaurants, shops, and entertainment destinations within a 10-minute walk. Moreover, residents are also only a 5-minute walk from enjoying an active lifestyle in Rock Creek Park.

The Pearl is one of the first in the D.C. market to use virtual reality and oculus technology, allowing a prospective resident to tour the building remotely and visualize life at The Pearl. For more information and a virtual tour, please visit

About The Tower Companies:
For three generations, the family-owned Tower Companies has maintained a commitment to responsible development and continues to envision a world where buildings inspire and enrich the lives of their occupants and create positive social change. The sustainable building leader owns, develops, and manages over 5 million square feet in the Washington, D.C. metropolitan area consisting of office buildings, office parks, lifestyle centers, regional malls, eco-progressive live-work-play communities and hotels, with an additional 8 million square feet in the development pipeline. In 2004, The Tower Companies was the first in the United States to certified LEED® a multi-family community, Blair Towns, and since then, 90% of commercial and multi-family residential properties are LEED and ENERGY STAR certified. In addition, Tower publicly reports GHG emissions to The Climate Registry and offsets 100% by purchasing renewable energy and carbon credits. Looking to the future, through a partnership with the Department of Energy, The Tower Companies has pledged to reduce energy and water consumption by 20% by 2020.  The Tower Companies has been acknowledged as an international authority in the industry, and has been recognized for its commitment to sustainability and energy independence by numerous national organizations and federal agencies, including US Green Building Council, US Department of Energy (DOE) and the US Environmental Protection Agency and more.