(HYATTSVILLE, MD) – Hines, a global real estate investment, development, and property manager, announces leasing has begun at The Devon – a luxurious, transit-oriented community in Hyattsville, Maryland. Hines will be the property manager and is scheduled to welcome the first residents in December.
The property, designed by Dwell Design Studio, features 320 multifamily residences ranging from studios to three bedrooms, and is well-appointed with high ceilings and expansive open spaces, meticulously designed to harness natural light. The kitchens feature stainless steel appliances and quartz countertops, with plank flooring throughout. Select homes feature built-in mudrooms at the entry, water filters incorporated into the appliances, kitchen islands, balconies, patios, or terraces.
At the heart of The Devon lies a steadfast dedication to sustainable living and resident comfort. This ethos is exemplified by the property’s pursuit of LEED Silver Certification and WiredScore Certification. As the inaugural WiredScore property in Hyattsville and the only WiredScore multifamily property in Prince George’s County, this certification underscores The Devon’s pursuit of cutting-edge technology and connectivity, empowering residents in every aspect of their daily lives and beyond.
“At The Devon, we are creating a sought-after lifestyle community that puts bespoke experiences and sustainability at the forefront,” Moira Dhaliwal, director at Hines. “Our strategic location epitomizes urban-suburban living, offering unrivaled convenience and connectivity to shopping, dining, and transit options.”
The Devon offers seamless living and a suite of outdoor and indoor amenities. Nestled next to the County’s new, tranquil walking pond, the property itself includes a courtyard lounge with gardens and grilling areas, another courtyard with firepits, ping pong and a resort-style pool with cabanas, and two dog parks (one large and one small). Indoor amenities include a pet spa, a double-height state-of-the-art fitness center with yoga room, a coworking lounge with a conference room and art studio as well as a social lounge and game room complete with billiards and shuffleboard. The property encourages eco-conscious transportation solutions, complete with bike storage and fix-it station, and a parking garage featuring electric vehicle charging stations. The Devon also features 1,238 square feet of prime retail space, now available through Lisa Stoddard, Jennifer Kraft, and Bridget Crotty of CBRE.
The resident experience will be heightened with Elevated Living, an all-in-one branded resident app that delivers an unparalleled, full-service lifestyle through a unified ecosystem of technology, hotel style on-demand personal services, and experiences.
The Devon’s prime walkable, bikeable, and transit-oriented location offers unique and convenient accessibility to a plethora of amenities, retailers, and employment centers of the DC Metro area. The property is located just blocks away from the Hyattsville Crossing Metro, East West Highway, University Town Center, and The Mall at Prince Georges.
The development of The Devon was funded through Hines U.S. Direct Investments (HUSDI). HUSDI is a private placement program that connects financial professionals and their high-net-worth clients with one-off development opportunities.
The Devon marks Hines’ continued growth in multifamily, which totals 11 properties owned or managed in the Mid-Atlantic region and over 15,531 units managed in the U.S. and Canada.
For more information on The Devon, visit: https://thedevonmd.com/
About Hines
Hines is a global real estate investment, development and property manager. The firm was founded by Gerald D. Hines in 1957 and now operates in 30 countries. We manage a $93.2B¹ portfolio of high-performing assets across residential, logistics, retail, office, and mixed-use strategies. Our local teams serve 857 properties totaling over 270 million square feet globally. We are committed to a net zero carbon target by 2040 without buying offsets. To learn more about Hines, visit www.hines.com and follow @Hines on social media.
¹Includes both the global Hines organization as well as RIA AUM as of December 31, 2023.