KETTLER Announces Grand Opening of Luxury Apartment Community Highgate at the Mile

KETTLER, one of greater Washington, D.C.’s leading real estate development and property management companies, announced today the grand opening of Highgate at The Mile, a luxury mid-rise apartment community that is the first phase of an urban masterplan project in one of Tyson’s premier locations.

“While the trend in Tysons has been to build high-rise apartments, Highgate demonstrates our innovative design focus. We are creating a neighborhood that combines the luxuries of urban living with the amenities of a suburban lifestyle in a prime location,” said Robert C. Kettler, Chairman and CEO of KETTLER. “We see Highgate becoming a vibrant community for many residents who work at major employers like Freddie Mac, Kaiser Permanente, Hilton Worldwide, and Tegna Media, which are all within walking distance. The community provides an alternative to high-rise living with large-scale outdoor amenities, active park and natural spaces that encourage residents to gather and socialize.”

Highgate demonstrates KETTLER’s focus on creating distinctive communities through its thoughtfully designed interiors and amenities spaces. The community will offer studios, one and two-bedroom luxury apartments as well as unique walk-units with direct street access making the community suitable to a diverse population. The amenities include a mezzanine level pool deck overlooking the buildings signature park, which will feature a dog park, play area and open lawn. Highgate also boasts a Crossfit fitness studio overlooking the lush outdoor Zen courtyard, fireplace and soothing water feature. Residents will enjoy an entertainment room with arcade and bar area, as well as WiFi accessible meeting spaces and seating nooks that are ideal for virtual employees or those looking to spend quiet time outside of their private living spaces.

KETTLER partnered with PS Business Parks Inc, a publicly traded real estate company specializing in leasing, property management, acquisition, and development, to make Highgate a modern community. In addition to Highgate, PS Business Parks owns and manages approximately 900,000 square feet of multi-tenant office buildings in Tysons Corner and an additional 5.6 million square feet office and flex properties throughout Northern Virginia and Maryland.

The project’s architect is Design Collective Inc., an award-winning Baltimore-based architectural firm, Parker Rodriguez Inc. served as the landscape architect, and VIKA operated as the development’s engineer.

About KETTLER

KETTLER and KETTLER Management are owners, operators, and developers of apartments, condominiums, and mixed-use projects in the Washington, D.C. metropolitan area and throughout the mid-Atlantic region. Headquartered in McLean, VA, the company has developed nearly 20,000 multifamily units, 5 million square feet of commercial space, more than 46,000 homes in 25 master-planned communities, and many of the region’s premier mixed-use communities. KETTLER Management successfully manages 30,000+ apartments for KETTLER and 3rd party clients in the Northeast, Mid-Atlantic, Southeast and Texas, and offers a full range of services to corporate and institutional real estate owners.

About PS Business Parks Inc.

PS Business Parks, Inc. (NYSE: PSB), a member of the S&P SmallCap 600, is a self-advised and self-managed real estate investment trust (“REIT”) that acquires, develops, owns and operates commercial properties, primarily multi-tenant flex, office and industrial space. As of March 31, 2017, the company wholly owned 28.1 million rentable square feet with approximately 4,900 customers concentrated in six states.