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ULI Washington Members Only Case Study: The Wharf: Reconnecting the City to the Waterfront
Public | $65 |
Private | $35 |
Young Leader | $35 |
ULI Washington Presents:
Members Only Case Study – The Wharf: Reconnecting the City to the Waterfront Date: Wednesday, October 16, 2019
Time: 4:30 – 7:30 pm
Address: 1000 Maine Avenue, SW Penthouse, Washington, DC 20024
Agenda:
4:30 – 5:00 pm Registration
5:00 – 5:05 pm Welcome Remarks
5:05 – 6:00 pm Panel Presentation
6:00 – 6:45 pm Walking Tour
6:45 – 7:30 pm Networking Happy Hour at Hilton Canopy Cafe (975 7th Street, NW, 2nd Floor)
Event Description:
The Wharf is a new waterfront neighborhood, developed as one of the largest public-private partnerships in the Washington, DC’s history. Nearly 20 years in the making, Phase 1 of The Wharf delivered in October of 2017 and has since attracted hundreds of thousands of visitors from around the region and the world and received both national and international acclaim. With residential, office, hotel, retail, cultural, maritime and public uses including waterfront parks, promenades, piers, and docks, The Wharf stretches nearly one mile, across 24 acres of land and 50 acres of water from the Municipal Fish Market to Fort McNair. As a result of Urban Renewal in the 1960s, the once
vibrant, working waterfront was replaced by redundant roads, surface parking lots and single use buildings that did not stand the test time. Perkins Eastman’s finely grained master plan put the waterfront back at center stage, creating a series of small blocks connected by 10 acres of public space. The historic Fish Market remains much as it has for its 200-year history and is reinvigorated with additional retail and improved services. The $2.5 B development will be complete in 2022 when Phase 2 delivers.
The city-owned site is being developed under a 99-year ground lease with the District by Hoffman-Madison Waterfront, a joint venture between Hoffman & Associates and Madison Marquette as well as ER Bacon Development, City Partners, Paramount Development and Triden Development. The project required eight Council votes, four acts of Congress, more than 800 community meetings over 10 years, and the largest tax increment financing (TIF) in the city’s history ($198 M). The Wharf also met the District’s affordable housing, local hiring and contracting requirements, including 30 percent of apartments affordable at 30/60/100 percent of Area Median Income (AMI) and is expected to generate over $70 M in new taxes annually.
Join ULI Washington for a panel presentation by key project executives who were instrumental in bringing this world-class waterfront destination to life. Topics to be covered include: public/private partnership, design and development process, financing, retail strategy, community benefits and outreach, sustainable design, lesson learned and what to expect in Phase 2. Stay for a walking tour and happy hour at Hilton Canopy Café (975 7th Street, SW, 2nd Floor).
Speakers:
Shawn Seaman, EVP and Principal, Hoffman & Associates
Dan McCahan, EVP and Managing Principal, Development, Madison Marquette
Stan Eckstut, Principal, Perkins Eastman
Neil Albert, Executive Director and President, Downtown BID
(formerly City Administrator and Deputy Mayor for Planning and Economic Development)
Liz Price, Director of Public Private Partnerships, Hoffman & Associates (Moderator)
Registration Information:
Registration Deadline:
Monday, October 14.
To check availability after the deadline date please call: 301-894-7310 or e-mail b[email protected]
Members Only Case Study – The Wharf: Reconnecting the City to the Waterfront
Time: 4:30 – 7:30 pm
Address: 1000 Maine Avenue, SW Penthouse, Washington, DC 20024
Agenda:
4:30 – 5:00 pm Registration
5:00 – 5:05 pm Welcome Remarks
5:05 – 6:00 pm Panel Presentation
6:00 – 6:45 pm Walking Tour
6:45 – 7:30 pm Networking Happy Hour at Hilton Canopy Cafe (975 7th Street, NW, 2nd Floor)
Event Description:
The Wharf is a new waterfront neighborhood, developed as one of the largest public-private partnerships in the Washington, DC’s history. Nearly 20 years in the making, Phase 1 of The Wharf delivered in October of 2017 and has since attracted hundreds of thousands of visitors from around the region and the world and received both national and international acclaim. With residential, office, hotel, retail, cultural, maritime and public uses including waterfront parks, promenades, piers, and docks, The Wharf stretches nearly one mile, across 24 acres of land and 50 acres of water from the Municipal Fish Market to Fort McNair. As a result of Urban Renewal in the 1960s, the once
vibrant, working waterfront was replaced by redundant roads, surface parking lots and single use buildings that did not stand the test time. Perkins Eastman’s finely grained master plan put the waterfront back at center stage, creating a series of small blocks connected by 10 acres of public space. The historic Fish Market remains much as it has for its 200-year history and is reinvigorated with additional retail and improved services. The $2.5 B development will be complete in 2022 when Phase 2 delivers.
The city-owned site is being developed under a 99-year ground lease with the District by Hoffman-Madison Waterfront, a joint venture between Hoffman & Associates and Madison Marquette as well as ER Bacon Development, City Partners, Paramount Development and Triden Development. The project required eight Council votes, four acts of Congress, more than 800 community meetings over 10 years, and the largest tax increment financing (TIF) in the city’s history ($198 M). The Wharf also met the District’s affordable housing, local hiring and contracting requirements, including 30 percent of apartments affordable at 30/60/100 percent of Area Median Income (AMI) and is expected to generate over $70 M in new taxes annually.
Join ULI Washington for a panel presentation by key project executives who were instrumental in bringing this world-class waterfront destination to life. Topics to be covered include: public/private partnership, design and development process, financing, retail strategy, community benefits and outreach, sustainable design, lesson learned and what to expect in Phase 2. Stay for a walking tour and happy hour at Hilton Canopy Café (975 7th Street, SW, 2nd Floor).
Speakers:
Shawn Seaman, EVP and Principal, Hoffman & Associates
Dan McCahan, EVP and Managing Principal, Development, Madison Marquette
Stan Eckstut, Principal, Perkins Eastman
Neil Albert, Executive Director and President, Downtown BID
(formerly City Administrator and Deputy Mayor for Planning and Economic Development)
Liz Price, Director of Public Private Partnerships, Hoffman & Associates (Moderator)
Registration Information:
Click on Register button at the top of the page
or
Call 800-321-5011 (mention meeting code #8138-2015)
Registration Deadline:
Monday, October 14.
To check availability after the deadline date please call: 301-894-7310 or e-mail b[email protected]