As Monty Hoffman, Mayor Bowser Receive Honors, The Wharf And The Metro Are Hot Topics

The District's biggest project, The Wharf, and its biggest problem, the Metro, were the two hot topics at Transwestern's 20th annual TrendLines event Thursday night, when PN Hoffman CEO Monty Hoffman and Mayor Muriel Bowser were recognized as the 2017 TrendSetters of the Year.

Hoffman looked forward to the Oct. 12 opening of The Wharf's Phase 1, which will include two office buildings, 900 residential units, 691 hotel rooms, a 6,000-seat concert venue, and plenty of shops and restaurants, plus four piers on the water.

"I look at the water as a great equalizer; all of us get a little more casual when we’re near the water," Hoffman said. "The Wharf is for everybody, we have workforce housing, affordable housing, we have what we like to call unaffordable housing, all together in the same place."

Bowser discussed how her administration is adapting to the new Donald Trump White House, saying that she hopes he will follow up on infrastructure promises.

"We know there may be opportunities to work with an administration that has a background in development and construction," Bowser said, "and to work with agency directors that may approach problems facing the District differently; for example, Metro."

Metro is certainly a problem that needs to be addressed, and it was one of the main topics of Delta Associates CEO David Wiesel's discussion.

Weisel noted that since 2009 annual ridership has dropped more than 100,000, while it has increased in cities like New York, Chicago and San Francisco. He said the problem of revenue, with a $290M budget gap, must be addressed to get the system back on par with its peers.

"Every major transit system has problems, but among major systems, WMATA is unique in that it has no dedicated source of funding like a portion of local sales tax," Wiesel said. "In the long run, major structural changes will be needed."

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Jemals Sell Georgetown Building To Developer Planning Conversion

D.C.'s Office Market Is Getting A Makeover

Judge Rules FBI Can't Scrap Maryland Headquarters Plan

Food And Beverage Increasingly Becoming Anchor In Mixed-Use Projects

CGI Merchant Had A-Rod's Backing And A $650M Fund. Then It Bought Trump's D.C. Hotel And It All Fell Apart

Brookfield Offloads 3-Building Silver Spring Office Complex

Student Housing Investor Buys Foggy Bottom Residences: The D.C. Deal Sheet

'We Messed Up With Rent Control': CRE Execs On MoCo's Multifamily Hurdle

New National Geographic Museum Food Hall By Winmar Blends Design With Elevated Dining

Beacon Partners Sells Charlotte Mixed-Use Development For $92M

Commanders Pick Clark Construction, 2 Others To Build D.C. NFL Stadium

Maryland ICE Facility Construction Can Resume After Court Reinstates Permits