CBG Team Announces Formation of CBG Building Company

ARLINGTON, Va.—Clark Builders Group recently announced the formation of CBG Building Company (CBG), signaling continued strategic growth for one of the most respected and experienced groups of multifamily builders in the country.

"We are proud to launch a new corporate entity that embodies our extensive experience in building communities of exceptional quality," said Keith Anderson, president of CBG Building Company. "In the years ahead, our strength will continue to be our ability to take on complex, large-scale projects that re-define area neighborhoods. Our breadth of experience in this premier multifamily market, and across every multifamily sector, puts us in a unique position nationally while creating tremendous value for our clients."

CBG Building Company will carry forward the quality, craftsmanship, team, and tradition of Clark Builders Group to complete projects of any construction type across the country. The team draws on expertise building more than 80,000 award-winning housing units nationwide since 1992. Backed by a significant bonding capacity and national resources, CBG Building Company and its team of related firms have delivered more than 190 projects totaling over $9 billion in construction contract value.

The team's recent portfolio includes: 77H, a 303-unit, transit-oriented apartment building over Washington, D.C.'s first urban-format Wal-Mart; Ovation at Park Crest, a 19-story, LEED Gold certified high-rise apartment community in Tysons Corner, Virginia; The Varsity on Charles, a historically renovated, 104-unit campus housing community at Johns Hopkins University in Baltimore, Maryland; The Exchange at Potomac Yards, a 14-acre, LEED certified, mixed-use development of retail, office, hotel, park and residential space in Alexandria, Virginia; The Galaxy, a 195-unit wood-framed apartment community with green roofing system and 42 percent of units dedicated to affordable housing in Silver Spring, Maryland; Brightview Fairfax, a 94-unit, LEED Silver certified senior assisted living facility in Fairfax, Virginia; The Pierce, a 232-unit, mixed-use, luxury apartment community with expansive dual lobby and art venue in San Jose, California; and numerous other projects nationwide.

# # #