Wharf developers Hoffman & Associates, which took the mile-long development along the Washington Channel in Southwest D.C. from drawing board two decades ago to one of the region’s top dining and entertainment draws, along with development partner Madison Marquette, has transferred ownership to equity partner The Public Sector Investment Board.
“Every project we undertake follows a strategic hold plan, and for The Wharf, the time has come for a change in our role,” said Hoffman & Associates founder and chairman Monty Hoffman. “We have full confidence in our partner to carry forward our shared vision for The Wharf as we continue expanding communities across the DMV and beyond.”
Hoffman & Associates is currently involved in large-scale projects in Falls Church, Richmond and Raleigh, North Carolina. It is also in the predevelopment phase of a project at Buzzard Point by Audi Field that includes two residential buildings, office space, retail and a public park…