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PN Hoffman, Struever Brothers, Eccles & Rouse
Selected as Developer of Southwest Waterfront
Community is Key as Team Seeks to Establish a
World-Class Destination Reconnecting Washington, DC
with its Waterfront
FOR IMMEDIATE RELEASE
Washington, D.C., September 29, 2006 – The team of
PN Hoffman, Struever Brothers, Eccles & Rouse
(Hoffman-Struever Waterfront LLC) today announced
that it has been selected by the Anacostia
Waterfront Corporation as the Master Developer for
Washington DC’s Southwest Waterfront.
The developer’s plan aims to
produce an active, urban riverfront and park system,
showcase distinctive cultural destinations, and
build upon the existing, strong waterfront
community. It features the following components:
-
Housing –
approximately 650 units of market-rate
residential and 290 units of affordable housing.
-
Cultural – a 150,000
square foot cultural component focused on
education.
-
Hotel – 360 hotel
rooms.
-
Neighborhood amenities
– neighborhood-serving retail such as a gourmet
grocery, casual and upscale dining, cafes, shops
and opportunities for local, small retailers.
-
Parks – 14 acres of
parks, open space, and promenades throughout the
project.
-
Water-focused development
– significant improvements to the existing
marina and pier facilities.
-
Sustainable Design –
the first LEED-Silver certified mixed-use
project in the city.
-
Significant local, small
and disadvantaged business enterprises (LSDBE)
Participation – participation by Washington
DC-based LSDBE team members in all aspects of
the project, including ownership.
“This project is about more than
bricks and mortar,” said Monty Hoffman, CEO of PN
Hoffman. “Our philosophy is ‘neighborhood first,’
and while we plan to create a world-class waterfront
destination, appealing to visitors from around the
globe, our first commitment is to the people of
Washington, DC and the existing Southwest Waterfront
community. First and foremost, this project will
reconnect Washington with its waterfront.”
The vision organizes the site into three districts
that will link an expansive pedestrian promenade
along the Washington Channel:
City Pier District: The
northwest end of the site will be the more active
district of the development, due to its proximity to
the National Mall, L’Enfant Plaza and the active
historic fish market. It will contain the majority
of the restaurant and retail uses and is the
location of 360 hotel rooms. Additional features
include a fresh produce market pier to enhance the
existing fish market, a water taxi service
connecting the Southwest Waterfront with the new
baseball stadium, Old Town Alexandria, Georgetown
and other destinations, a performance space for
cultural use, and a pedestrian bridge at 10th
Street, linking the site to the National Mall.
Esplanade District: The
central core of the project features a substantial
amount of apartment and condominium development, a
small amount of office space, and
neighborhood-serving retail such as a gourmet
grocery, small neighborhood bistros and waterfront
cafes.
Cultural Park District:
The southeastern end of the project, closest to
existing neighborhoods, is the least intense
development area. The cultural park itself is a
5.5-acre green park that will be the centerpiece of
the cultural zone. Cultural uses will feature
educational opportunities at the water, such as
programs by Living Classrooms Foundation and the
National Maritime Heritage Foundation.
“We are thrilled with the
selection of the Hoffman-Struever Waterfront team as
our partners in the redevelopment of the Southwest
Waterfront,” said Adrian Washington, CEO of the
Anacostia Waterfront Corporation. This is an
impressive team with significant local and national
expertise and a successful track record revitalizing
DC neighborhoods. We look forward to working with
the team to develop not only a world-class
waterfront destination, but also a sustainable
neighborhood on a human scale.”
The Hoffman-Struever Waterfront
team consists of PN Hoffman, Washington’s premier
developer of residential mixed-use projects, largely
responsible for the dramatic revitalization of the
14th Street Corridor; Struever Brothers, Eccles &
Rouse, a developer that has reclaimed and
transformed the urban waterfront throughout
Baltimore; McCormack Baron Salazar, a national
mixed-income and affordable housing developer; and
approximately 30 other entities that are market
leaders locally and nationally in the areas of
affordable housing, mixed-use retail, cultural
programming, urban planning, finance and maritime
development.
"As a Southwest resident for
nearly 30 years and ANC commissioner, I have
followed the submittal and selection process very
closely,” said Andy Litsky, Chairman of ANC-6D. “I
am pleased with the selection of a truly local
development team that has demonstrated sensitivity
in other parts of the city and will work with us to
meet the needs of our waterfront community. I look
forward to working with Hoffman-Struever Waterfront
to see this project through to completion.”
The team was chosen from among
17 highly qualified teams that initially responded
to the request for expressions of interest from the
Anacostia Waterfront Corporation. After months of
rigorous review and negotiation, the AWC made its
selection between the two finalists yesterday.
About PN Hoffman
Since 1993, PN Hoffman has been developing
extraordinary upscale residential and mixed-use
properties in the Washington, DC Metro area. The
Company is deeply committed to serving the
neighborhoods of Washington and has built over 30
developments in the City since its inception.
About Struever Brothers,
Eccles & Rouse
Established in 1974, Struever Brothers, Eccles &
Rouse has a long-standing and prestigious record of
success as a unique development company. Known for
conquering challenging locations as a multi-role
developer and construction manager, the firm has an
intentional focus on urban mixed-use projects,
neighborhood transformation, historic adaptive reuse
and reinvigorating city waterfronts. With more than
16 million square feet and nearly $5 billion of
total investment costs in projects completed or
under development, Struever Brothers, Eccles & Rouse
is a uniquely diversified, full-service real estate
development and construction company.
About the Anacostia
Waterfront Corporation
The Anacostia Waterfront Corporation is an
instrumentality of the Government of the District of
Columbia charged with responsibility for
facilitating and implementing the development,
redevelopment, and revitalization of the lands
adjacent to the Anacostia River and associated
waterways and for environmental restoration of the
Anacostia River and associated waterways.
Media Contact:
Alanna Deal
202.966.2100 x205
adeal@pnhoffman.com
Download Online Press Kit
Press Release (PDF)
The Vision (PDF - 4 mb)
Photo 1 (JPG)
Photo 2 (JPG)
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