President Signs Norton’s Southwest Waterfront Bill into Law

WASHINGTON, D.C. – President Obama today signed Congresswoman Eleanor Holmes Norton’s (D-DC) Southwest Waterfront redevelopment bill (H.R. 2297), clearing the way for 2.5 million square feet of hotel, office, retail, and residential construction, as well as new and improved waterfront parks and docks, at the Southwest Waterfront.  Norton expects the first permit to be issued this fall, and the project to break ground in January.  The project will create thousands of jobs for D.C. residents and bring millions of dollars in new tax revenue every year.  “It’s a very good day when the President signs a bill we labored long and hard to get through the House and Senate,” Norton said.  “Our Southwest Waterfront redevelopment bill is now law, allowing developers to move forward and start the process of realizing a 21st-century Southwest Waterfront.  The project has adopted the name “The Wharf,” as the Southwest Waterfront was called when my great-grandfather came to Washington in the 1850s.  For sure, though, this won’t be my great-grandfather’s Wharf.”  The new law will lead to development matching the new Southeast Waterfront, which was redeveloped after Norton passed a similar bill for that area. D.C. residents will have access to thousands of jobs and small business opportunities during construction.

Source: Office of Congresswoman Norton
Published: July 9, 2012

ABOUT THE WHARF
The Wharf is a $2 billion, world-class, mixed-use waterfront development located on the historic Washington Channel. Situated along the District of Columbia’s Southwest Waterfront, The Wharf is adjacent to the National Mall with a development area that stretches across 27 acres of land and 24 acres of water from the Municipal Fish Market to Fort McNair. When complete, it will feature approximately three million square feet of new residential, office, hotel, retail, cultural, and public uses including waterfront parks, promenades, piers, and docks.
 
The Wharf is a large-scale waterfront development by Hoffman-Madison Waterfront as part of the District of Columbia’s Anacostia Waterfront Initiative. The Wharf development team is led by PN Hoffman and Madison Marquette and also includes ER Bacon Development,City Partners, Paramount Development and Triden Development. Groundbreaking is scheduled for the first quarter of 2013 and the first phase of The Wharf will open in 2016. More information is available at wharfdc.com.