ALEXANDRIA, Va.--(BUSINESS WIRE)--Apr 16, 2024--
An innovative place to call home is now open in Northern Virginia. Attain at Towne Centre is celebrating its Grand Opening. It is a joint venture between Cafaro Company and Bonaventure, an integrated alternative asset manager focused on the development, construction and asset management of innovative lifestyle multifamily communities in the Mid-Atlantic and Southeastern regions. Attain at Towne Centre is a 271-unit, Class A multifamily community which has replaced the former Sears anchor at Spotsylvania Towne Centre mall in Spotsylvania County / Fredericksburg, Virginia. This residential community, which broke ground in April of 2022 and was delivered on-time, is part of an ongoing diversification effort for the mall and brings a high-quality rental housing option to Northern Virginia’s growing population.
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Attain at Towne Centre features upscale interior designs, gourmet kitchens, spa-inspired bathrooms with luxe finishes and resort-style amenities, including a resort-style pool with deck, an artificial turf recreational area, cabanas and an outdoor kitchen. With Spotsylvania Towne Centre being the region’s primary retail hub, Attain at Towne Centre benefits from the property’s centralized location, providing convenient access to major transportation routes and the diverse range of dining, shopping and entertainment tenants within the mall. For more details about this luxury community and all it has to offer, visit the website: www.attaintownecentre.com.
“This project was truly exceptional because we had the opportunity to partner with Cafaro to help densify Fredericksburg’s premier retail center and ensure it has the supporting foot traffic and patronage from new residents who will add to the live, work and play experience of the property,” said Dwight Dunton, founder and CEO of Bonaventure. “We’re proud to deliver an in-demand rental housing option that will complement the mall’s tenants to make Spotsylvania Towne Centre an in-demand destination for years to come.”
Cafaro Co-President Anthony Cafaro, Jr. added: “Spotsylvania Towne Centre is constantly evolving. Collaborating with Bonaventure, we have created the region’s preeminent multifamily offering. It is a marvelous new addition that further solidifies the mall complex as a premier retail, entertainment, dining, and now residential destination.”
Prior to the groundbreaking, an impact study estimated the project would have significant economic impact throughout the Fredericksburg/Spotsylvania County region, creating more than 380 construction-related jobs and generating more than $1.15 million in real estate and other tax revenues.
About Bonaventure
Headquartered in Alexandria, Virginia, Bonaventure is an integrated alternative asset management firm focused on the investment and development of innovative lifestyle multifamily communities in the Mid-Atlantic and Southeastern regions. Bonaventure has over $2.3 billion of assets under management, is an expert at utilizing low-cost financing, and manages over 7,500 apartment units across 38 communities primarily in the Mid-Atlantic and Southeastern regions. Since its founding in 1999 by Dwight Dunton, with the intent to create best-in-class capabilities connecting capital to assets, the focus of the firm has been to generate excess returns on a risk-adjusted basis while building enduring value through ingenuity. To learn more, visit www.bonaventure.com.
About Cafaro
The Cafaro organization, based in Niles, Ohio, is one of the nation’s largest privately held shopping center developers. Founded by the late William M. Cafaro in the 1940's, the firm is now in its seventh decade and third generation as a family owned and managed business. Over the years, Cafaro-affiliated companies have developed, owned and managed more than 30 million square feet of commercial real estate in 14 states. For more information about the Cafaro organization, visit online at www.cafarocompany.com.
About Spotsylvania Towne Centre
Spotsylvania Towne Centre has been serving the people of northern Virginia since 1980. It is located at the junction of Interstate 95 and Route 3, near Fredericksburg. The 1.7 million square foot complex offers more than 120 department stores, specialty shops, restaurants, hotels, entertainment venues and now the new luxury residential community, Attain at Towne Centre. For more information, visit the website: www.spotsylvaniatownecentre.com.
Representatives from Bonaventure, Cafaro Company and Spotsylvania County host a ribbon cutting to celebrate the opening of Attain at Towne Centre - a new, resort-style multifamily community at Spotsylvania Towne Centre. (Photo: Business Wire)
KYIV, Ukraine (AP) — NATO countries haven’t delivered what they promised to Ukraine in time, the alliance’s chief said Monday, allowing Russia to press its advantage while Kyiv’s depleted forces wait for military supplies to arrive from the U.S. and Europe.
"Serious delays in support have meant serious consequences on the battlefield” for Ukraine, NATO Secretary-General Jens Stoltenberg told a news conference in Kyiv with President Volodymyr Zelenskyy.
Outgunned, Ukraine’s troops have struggled to fend off Russian advances on the battlefield. They were recently compelled to make a tactical retreat from three villages in the east, where the Kremlin's forces have been making incremental gains, Ukraine's army chief said Sunday. The Russian Defense Ministry claimed Monday its forces had also taken the village of Semenivka.
“The lack of ammunition has allowed the Russians to push forward along the front line. Lack of air defense has made it possible for more Russian missiles to hit their targets, and the lack of deep strike capabilities has made it possible for the Russians to concentrate more forces,” Stoltenberg said.
Kyiv’s Western partners have repeatedly vowed to stand with Ukraine “for as long as it takes.” But vital U.S. military help was held up for six months by political differences in Washington, and Europe’s military hardware production has not kept up with demand. Ukraine’s own manufacturing of heavy weapons is only now starting to gain traction.
Now, Ukraine and its Western partners are racing to deploy critical new military aid that can help check the slow and costly but steady Russian advance across eastern areas, as well as thwart drone and missile attacks.
Zelenskyy said new Western supplies have started arriving, but slowly. "This process must be speeded up,” he said at the news conference with Stoltenberg.
Though the 1,000-kilometer (600-mile) front line has shifted little since early in the war, the Kremlin’s forces in recent weeks have edged forward, especially in the Donetsk region, with sheer numbers and massive firepower used to bludgeon defensive positions.
Russia also continues to launch missiles, drones and bombs at cities across Ukraine. At least four people were killed and 27 injured in a Russian missile strike on residential buildings and “civil infrastructure” in the southern Ukrainian port city of Odesa on Monday, regional governor Oleh Kiper said on the Telegram messaging site.
A turreted Gothic-style building known locally as the “Harry Potter Castle,” was seen in flames after the strike.
Russia is a far bigger country than Ukraine, with greater resources. It has also received weapons support from Iran and North Korea, the U.S. government says.
Drawn-out Ukrainian efforts to mobilize more troops, and the belated building of battlefield fortifications, are other factors undermining Ukraine’s war effort, military analysts say.
Nick Reynolds, a research fellow for land warfare at the London-based Royal United Services Institute, said the war “is still largely an artillery duel.”
He said he did not expect to see major movement of the front lines in the near term, but that “the conditions are being set for which side has military advantage at the front line. The Russian military is in a better position at the moment.
“When we see one side or the other being in a position to move the front line, at some stage, maneuver will be restored to the battlefield. Not in the next few weeks, maybe not even in the next few months. But it will happen,” he told The Associated Press.
Pentagon spokesperson Sabrina Singh, at a briefing with reporters Monday, also acknowledged Russia’s recent battlefield gains, noting that a delay in congressional approval for additional spending “set the Ukrainians back.”
NATO chief Stoltenberg, however, said more weapons and ammunition for Ukraine are on the way, including Patriot missile systems to defend against heavy Russian barrages that smash into the power grid and urban areas.
Ukrainian officials say Russia is assembling forces for a major summer offensive, even if its troops are making only incremental gains at the moment.
“Russian forces remain unlikely to achieve a deeper operationally significant penetration in the area in the near term,” the Institute for the Study of War said in an assessment Sunday.
Even so, the Kremlin’s forces are closing in on the strategically important hilltop town of Chasiv Yar, whose capture would be an important step forward into the Donetsk region.
Donetsk and Luhansk form much of the industrial Donbas region, which has been gripped by separatist fighting since 2014, and which Putin has set as a primary objective of the Russian invasion. Russia illegally annexed areas of Donetsk, Kherson, Luhansk, and Zaporizhzhia regions in September 2022.
In other developments, Sophie, the Duchess of Edinburgh made an unannounced visit to Ukraine – the first British royal to travel to the country since Russia’s 2022 invasion.
Buckingham Palace said Monday that Sophie, wife of Prince Edward, met President Volodymyr Zelenskyy and First Lady Olena Zelenska in Kyiv and delivered a message on behalf of King Charles III. It did not disclose the timing or details of the visit.
The palace said Sophie, 59, made the trip “to demonstrate solidarity with the women, men and children impacted by the war and in a continuation of her work to champion survivors of conflict-related sexual violence.”
Associated Press writer Tara Copp in Washington contributed reporting.
Follow AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine
Ukrainian President Volodymyr Zelenskyy, right, welcomes NATO Secretary General Jens Stoltenberg during their meeting in Kyiv, Ukraine, Monday, April 29, 2024. (Ukrainian Presidential Press Office via AP)
Ukrainian President Volodymyr Zelenskyy, left, welcomes NATO Secretary General Jens Stoltenberg during their meeting in Kyiv, Ukraine, Monday, April 29, 2024. (Ukrainian Presidential Press Office via AP)
Ukrainian President Volodymyr Zelenskyy, center right, talks with NATO Secretary General Jens Stoltenberg, centre left, during their meeting in Kyiv Ukraine, Monday, April 29, 2024. (Ukrainian Presidential Press Office via AP)
Ukrainian President Volodymyr Zelenskyy, right, welcomes NATO Secretary General Jens Stoltenberg during their meeting in Kyiv, Ukraine, Monday, April 29, 2024. (Ukrainian Presidential Press Office via AP)
Two women walk along a street in downtown Kyiv, Ukraine, Sunday, April 28, 2024. (AP Photo/Francisco Seco)
A woman sells toys in front of a building with windows protected by sandbags in Kyiv, Ukraine, Sunday, April 28, 2024. (AP Photo/Francisco Seco)
NATO Secretary General Jens Stoltenberg talks during his joint press conference with Ukrainian President Volodymyr Zelenskyy in Kyiv, Ukraine, Monday, April 29, 2024. (AP Photo/Efrem Lukatsky)
Ukrainian President Volodymyr Zelenskyy, right, welcomes NATO Secretary General Jens Stoltenberg during their meeting in Kyiv, Ukraine, Monday, April 29, 2024. (AP Photo/Efrem Lukatsky)
Ukrainian President Volodymyr Zelenskyy, right, talks with NATO Secretary General Jens Stoltenberg during their meeting in Kyiv Ukraine, Monday, April 29, 2024. (Ukrainian Presidential Press Office via AP)
NATO Secretary General Jens Stoltenberg talks during his meeting with Ukrainian President Volodymyr Zelenskyy in Kyiv Ukraine, Monday, April 29, 2024. (Ukrainian Presidential Press Office via AP)
Ukrainian President Volodymyr Zelenskyy, left, welcomes NATO Secretary General Jens Stoltenberg walk before their press conference in Kyiv Ukraine, Monday, April 29, 2024. (AP Photo/Efrem Lukatsky)
