Toll Brothers Apartment Living and CrossHarbor Capital Partners Announce the Grand Opening of Vermeer, a New Luxury Apartment Community in Washington, D.C.

The 13-story mixed-use development brings 501 luxury residences and 37,000 square feet of retail to Buzzard Point

WASHINGTON, May 14, 2025 (GLOBE NEWSWIRE) -- Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, in partnership with CrossHarbor Capital Partners, announces the grand opening of Vermeer, a 13-story luxury apartment community in Washington, D.C.’s Buzzard Point neighborhood. Located at 113 Potomac Avenue SW, Vermeer offers 501 thoughtfully designed residences and approximately 37,000 square feet of ground-floor retail space. Construction was financed with a $162.7 million construction loan facility from Bank OZK and began in late 2022. Vermeer welcomed its first residents in December 2024 and celebrated its grand opening in early May with project partners, residents, and guests.

“Vermeer reflects our vision for modern urban living: an elevated residential experience that complements the energy and evolution of Buzzard Point,” said John McCullough, President of Toll Brothers Apartment Living. “With its sophisticated design, extensive amenities, and unbeatable views of Washington, D.C. and the riverfront, this community delivers the style, substance, and walkability that today’s urban renter demands.”

Designed by KTGY, Vermeer features a mix of one-, two-, and three-bedroom apartment homes. Each residence is replete with premium finishes, including quartz countertops with tile backsplashes, stainless steel appliances, modern flat-panel cabinetry, oversized closets with built-in storage, and smart home features including app-enabled keyless entry and smart thermostats. Select residences also offer private balconies or terraces with sweeping views of Washington, D.C. including Audi Field and the Potomac and Anacostia Rivers.

The community amenities are curated to enhance residents' lifestyles, featuring a rooftop pool with expansive sundeck, a fitness center and hydration bar, multiple elevated courtyards with firepits and grilling stations, and a game lounge with billiards and a poker table. Additional amenities include a grand lobby with concierge, a private dining room, multiple coworking spaces, and a pet spa. Throughout the community, residents can enjoy views of Washington, D.C., including near 360-degree views from the rooftop of the Capitol Building, Audi Field, Nationals Park, the Anacostia and Potomac Rivers, and the Frederick Douglass Memorial Bridge.