Thayer & Spring Commemorates Topping Out
SILVER SPRING, Md.—CBG Building Company celebrated the topping out today of Thayer & Spring, an 11-story, 399-unit mixed-use apartment community scheduled to open in mid-2019. The project team hosted representatives from owner Fairfield Residential and architect WDG, as well as more than 270 field staff and subcontractors who helped CBG complete vertical construction.
Thayer & Spring
Beginning with an excavation reaching 50 feet deep, Thayer & Spring consists of 29,500 cubic yards of structural concrete and over 4 million pounds of steel. To celebrate the project's topping out, CBG catered lunch, passed out t-shirts, and held a raffle for attendees.
"We're proud to be working with first-time client Fairfield Residential celebrating the topping out of Thayer & Spring," said Keith Anderson, president of CBG. "Our project team and subcontractors have worked diligently to reach this point, and we look forward to delivering these new apartments and retail space to the Silver Spring area."
An amenity-rich community, Thayer & Spring will include a lounge, cyber cafe, fitness center, rooftop pool, and several green spaces plus 10,000 square feet of ground-floor retail. It is designed to achieve LEED Silver certification; the community features water-efficient landscaping and low-flow fixtures to reduce water use, uses recycled building materials, and will divert 75 percent of all construction waste.
Walking distance from the Silver Spring Metro station, Thayer & Spring is a transit-oriented community offering easy access to the greater Washington, D.C. area.
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About CBG Building Company
Through a relentless pursuit of innovation, a steadfast commitment to quality, and active collaboration with clients, CBG has been delivering award-winning communities from coast to coast for more than 25 years. CBG's professional construction team builds more than 4,000 homes each year, providing high-quality, responsive service backed by a significant bonding capacity and national resources. CBG's experience spans a diverse portfolio of geographic areas and product types, including luxury, mixed-use, and affordable housing apartments, as well as campus housing, military family communities, and senior living facilities. Together, we draw on the knowledge gained through building more than 80,000 housing units since 1992. For more information, visit www.cbgbuildingcompany.com.
About Fairfield Residential
Fairfield Residential is a leader in high-end living experiences. Managing 43,000 units nationwide across luxury new construction, renovated apartment homes, and tax credit affordable housing properties, the firm offers a fully integrated national multifamily services platform providing development, construction, renovation, asset and property management, and acquisition and disposition services to investors and to third-party entities. An award-winning company for over two decades, including top-50 NMHC rankings as an owner and property manager, it is among the most experienced multifamily real estate operating companies in the U.S. Fairfield has developed or acquired over 855 multifamily communities consisting of over 246,000 apartment homes with equity of over $8.4 billion and total project costs of over $30.5 billion in its 30-year history. For more information, visit www.fairfieldresidential.com.