The Ashbourne Group was founded by
Crispin Etherington in 1996. Etherington has
been a resident in the US for over
twenty-eight years engaged in the
development and management of commercial
real estate. Previous experience has
included: President of Lovell Properties
Inc. (1988-1996); the US subsidiary of a UK
publicly-traded commercial and residential
development company; Executive Vice
President of Guinness Peat Properties Inc.
(1981-1987); the US subsidiary of the
Guinness Peat Group, an international
financial services company and Tillyard and
Partners Ltd. (1978-1980); an international
real estate consulting practice. Prior to
these positions, Etherington was engaged in
private practice in the United Kingdom, in
the acquisition, development and management
of commercial projects on behalf of
institutional clients.
Since 1978 Etherington has been responsible
for the development and management of over
2.3 million square feet of commercial and
residential projects (Representative
Projects) throughout North America.
Commercial office/mixed-use developments in
the Washington, DC Metropolitan area have
included:...
2311 M Street NW, Washington, DC, an
81,000 square foot mixed-use project in the
West End; Montpelier Office Park, a 100 acre
office park in Columbia, Maryland and the
REGUS™
Business Center, a 100,000 square foot
office building in Herndon, Virginia
developed in joint venture with ORIX Real
Estate Equities Inc. The project was 100%
pre-leased to REGUS™, the world’s largest
operator of business centers.
Recent projects in Washington DC include the
Rutherford,
a 59-unit condominium development in
Washington DC which was developed in
partnership with the Holladay Corporation; a
mixed use residential/retail scheme on
Connecticut Avenue NW and a 168 room Cambria
Suites in the Central Business District of
Baltimore which will also break ground in
2009.
Ashbourne is also actively involved
in the acquisition and development of
educational facilities in the mid-Atlantic,
having developed three private schools in
Washington, DC and Virginia within the last
seven years. Current projects include the
acquisition and/or renovation of schools in
Washington, DC and New Jersey.
Ashbourne’s target market includes
Washington, DC, Baltimore, Maryland and
Northern Virginia. The company’s focus is
on the restoration and repositioning of well
located existing properties and the
development of new high-end boutique
residential buildings, commercial properties
and hotels
Related activities include the provision of
real estate advice to retail clients,
foreign missions, educational non-profits
and overseas investors. As the General
Partner of Tatton Park LLLP, Ashbourne is in
the planning stages of developing a
450 acre motorsports park in St. Mary’s County,
Maryland. Tatton Park will feature two world
class road courses, an off road and rally
center and will provide security and
educational training programs to the
government and private security forces.
Tatton Park is planned to open in 2011.
Etherington’s non-business activities
include membership of the Advisory Board of
Johns Hopkins University, President of the
Annapolis Boys and Girls Clubs Scholarship
Trust and Vice Chairman of Phillips
Programs, a special education school with
campuses in Northern Virginia and Maryland.
He is a Fellow of the Royal Institution of
Chartered Surveyors. |
