Greenwich Group to Lead Financing for The Wharf

Washington, D.C. — Phase I of the $1.5 billion development will be complete in 2016.

Washington, D.C.  — Developers PN Hoffman and Madison Marquette have selected Greenwich Group International to arrange financing for The Wharf, a 27-acre, mixed-use waterfront development in Washington, D.C. The $1.5 billion project will begin construction next year and will feature 3.2 million square feet along the Potomac riverfront. Phase I of the development will be complete in 2016.

When fully developed, The Wharf will include more than 1,350 residential units, 358,000 square feet of retail, 960,000 square feet of office space and 3 hotels totaling 680 rooms. Additionally, the development will be home to a concert venue and a 13,000-square-foot artisanal food market.

Ehrenkrantz, Eckstut & Kuhn have overseen design efforts for The Wharf, which will seek LEED Gold certification. The project will feature an on-site, co-generation energy plant, as well as a storm water collection system.

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