Upscale multifamily community being developed by Peak Management will include resort-style clubhouse, pool and fitness center, smart home technology and other resident-centric amenities
(Photo credit: Peak Management)
Construction is proceeding on Five43 Apartments, an upscale multifamily community situated in the Bel Air section of Harford County, Maryland which, upon its scheduled completion in early 2024, will offer a modern, mid-rise living environment with unique design features highlighted by above-average unit sizes and a full-range of amenities to residents. The project, positioned at the intersection of US 1 and MD Route 543, is a development of Lutherville-based Peak Management, LLC, an affiliate company of Hill Management Services, Inc. Leasing activities are expected to commence this fall.
Five43 Apartments will offer one-, two-, and three-bedroom apartment homes ranging from 980 to 1900 square feet.. The apartments will have nine-foot ceilings, open kitchen areas with a stainless-steel appliances and quartz countertops, luxury flooring, dressing room-sized walk-in closets, full-size washers/dryers, gas fireplaces and lofts in select units, and private balconies. The apartment homes will also be outfitted with Smart Home Technology which allows residents to program their thermostats and enjoy remote access into the buildings and apartment homes as well as amenity areas. Private garages, contained in a separate building, will also be available to rent.
According to Teresa Rosier, Vice President of Peak Management, “Residents are increasingly attracted to larger unit sizes to accommodate people working remotely, having multiple people living within the space and for empty-nesters that may be downsizing from a single-family home. Several apartments will feature a unique loft design that can be used for an entertainment center, workspace, additional bedroom or for overflow storage,” she explained.
“Two unique design features focus on the number of bathrooms in certain units, which our research has concluded is a significant consideration among prospective residents. The one-bedroom apartments are outfitted with 1.5 baths, which allows guests to have access to a separate bathroom without the need to enter the resident’s bedroom area. In addition, the three-bedroom floorplan includes three full baths, which is rare to find in this area, even among condominium products.”
Community amenities incorporated in the multifamily development will be highlighted by a resort-style pool and a clubhouse containing a transitional gathering room that extends to the outdoor kitchen area and lounge during warmer months. On-site fitness classes will also be available within the well-equipped fitness center. Pampered pet amenities will include an on-site dog wash facility with dryer and a large dog park stocked with agility equipment.
The development is bordered by the Hickory Bypass, US Route 1 and North Fountain Green Road. A number of retail amenities can be accessed in minutes including neighborhood grocery stores and both sit-down and fast-casual restaurants, with the Main Street section of downtown Bel Air situated four miles away. Several business communities are located nearby and the campus of Harford Community College is approximately three miles from the site. MedStar Health and UM Upper Chesapeake Medical Center are also within close proximity.
Five43 Apartments is located in Bel Air school district to include Hickory Elementary, Southampton Middle School, and C. Milton Wright High School.
“Five43 Apartments has been artfully designed to deliver a best-in-class multifamily community to Harford County and set a new standard for upscale apartment living in the entire region,” added Teresa Rosier. “When considering floorplan options, layouts and finishes for this development, we realized that today’s modern resident also utilizes its living space as a place to work, entertain, exercise and educate. So, it was important to provide a living area that was larger than typically found, functional, adaptable and flexible to address different scenarios and needs. With its strategic position near major highways, shopping amenities and significant employers in the nearby hospitals, Five43 Apartments satisfies every important resident consideration and we are extremely proud to add it to our portfolio.”
Peak Management LLC is a privately-owned, full-service property management company specializing in the development, construction, ownership and management of multifamily and self-storage properties. Headquartered in Lutherville, Maryland, the portfolio consists of 15 multifamily properties encompassing over 3000 apartment units, including two communities in Harford County. Avanti Luxury Apartments in Bel Air is the most recent multifamily community constructed by Peak Management in the Harford County area. The portfolio also includes 1.5 million square feet of commercial office, retail, and industrial space, and 10 self-storage facilities situated throughout the greater Baltimore metropolitan region. Visit www.peakmgt.net
