Bozzuto Group’s workforce is poised to exceed 3,000 in the coming year as the 32-year-old company continues an expansion into large U.S. cities.
CEO Toby Bozzuto said Monday the Greenbelt-based company is planning to grow by 420 workers in the coming 12 months with property management and construction jobs in Miami, Boston, Chicago and Philadelphia. The company currently has 2,600 employees nationwide and ranks as the third-largest commercial real estate developer in Greater Washington, according to Washington Business Journal research. The company manages more than 90 properties in the D.C. area.
The hiring boom is in response to the continuing popularity of Class A luxury apartment development that has dominated those cities and Baltimore’s housing market for several years.
Bozzuto said his company has opened offices in Boston, New York, Philadelphia, Chicago and Miami to focus on that growth in addition to its headquarters off Interstate 95 in Prince George’s County. There’s even a plan to spread west to points like Denver and California in the coming five or so years, he said.
