Highest Ratings in District’s History Support $145,445,000 Bond for the Redevelopment of the Southwest Waterfront
WASHINGTON, D.C. (Sept. 3, 2015) – Hoffman-Madison Waterfront, the master developer of The Wharf, today announced the issuance of the first series of TIF/PILOT bonds for its redevelopment of the Southwest Waterfront in the amount of $145,445,000.
The TIF/PILOT bonds were issued with highest ratings in the District’s history for a comparable bond issuance. Ratings groups Moody’s Investors Service, Standard & Poor’s Rating Services and Fitch Rating Inc. gave strong ratings for the almost $146 million tax increment financing (TIF) bond issue. Fitch: AA-; Standard & Poor: senior lien rating AA- and junior lien rating A+; and Moody’s: Aa3.
“This is yet another indicator that the District is strong and getting stronger,” stated Mayor Muriel Bowser. “The financial market recognizes that DC has a diverse and vibrant economy, and our city is a smart investment. The upgraded rating will help us continue to attract and retain businesses, strengthen neighborhoods and build more pathways to the middle class.”
The bonds are earmarked for Phase 1 of The Wharf which is under construction and programmed to include approximately 1.4 million square feet of mixed uses at a cost of approximately $1.2 billion. Phase 1 will deliver in 2017.
“We are grateful for the strong support of Mayor Muriel Bowser, District CFO Jeff DeWitt and his staff, and Ward 2 Councilmember and chair of the Committee on Finance Revenue Jack Evans in propelling this process forward and to such a successful conclusion,” said PN Hoffman’s Founder and CEO Monty Hoffman.
“The issuance of the first series of TIF/PILOT bonds for The Wharf is another strong signal of the District of Columbia’s ongoing support for this uniquely deserving project,” said Amer Hammour, Chairman of Madison Marquette. “We have long believed in The Wharf’s promise as an exciting residential, retail and lifestyle destination in the Nation’s Capital and are grateful for the District’s leadership in bringing this multi-dimensional community to life.”
The Developer was represented by Ballard Spahr under the direction of senior partner Joe Fanone, managing partner of the firm’s DC office. Financial advisor for the Developer was MuniCap, led by Keenan Rice and Emily Meltzer.
Strategic consulting services were provided by David Carmen and Dal Harper with the Carmen Group.
About The Wharf/Hoffman-Madison Waterfront
The Wharf, developed by Hoffman-Madison Waterfront, is a $2 billion, world-class, mixed-use waterfront development centrally located on the Potomac River, along the historic Washington Channel. Situated along the District of Columbia’s Southwest Waterfront and adjacent to the National Mall, The Wharf stretches across almost one mile of waterfront on 24 acres of land and more than 50 acres of water from the Municipal Fish Market to Fort McNair. When complete, it will feature more than three million square feet of residential, office, hotel, retail, cultural, and public uses including waterfront parks, promenades, piers and docks. Led by PN Hoffman and Madison Marquette, the development group is comprised of ER Bacon Development, City Partners, Paramount Development and Triden Development. More information is available at www.wharfdc.com.
Caroline Bicks and Michelle Ephraim to discuss the
Newly Released Book on Friday, September 25
(Washington, DC) – Kicking off the 2015/16 season of free Folger Friday talks, the Folger is delighted to welcome authors Caroline Bicks and Michelle Ephraim to discuss their new book, Shakespeare, Not Stirred: Cocktails for Your Everyday Dramas (September 1, 2015; Perigee Books, an imprint of Penguin Random House) on Friday, September 25 at 6:00pm.
Shakespeare, Not Stirred explores the works of Elizabeth I’s greatest playwright through equal parts booze and Bard, turning a literary icon into your favorite drinking partner. Bicks and Ephraim serve up cocktails and munchies with shots of Shakespearean wisdom on everything from romance to workplace politics. So get out your cocktail shaker and lend him your ears.
Each chapter of Shakespeare, Not Stirred includes original recipes for cocktails and hors d’oeuvres that connect Shakespeare’s characters and plotlines to life’s daily predicaments:
• Drown your sorrows after a workplace betrayal with Othello’s Green-Eyed Monster
• Distract yourself from domestic drama with Kate’s Shrew-driver
• Recapture your youth with Puck’s Magic ‘Shrooms
• Mark a romantic occasion with Beatrice and Benedick’s Much Ado About Frothing
Shakespeare, Not Stirred is illustrated with classic images from the Folger Shakespeare Library collection, hilariously doctored to feature some hard-partying Shakespearean protagonists.
Copies of Shakespeare, Not Stirred will be available for purchase and signing at the event. A champagne cocktail from the book, the “Et Tu, Brut,” will also be available for purchase for patrons over 21 years of age with a valid photo ID.
Shakespeare, Not Stirred will precede a performance of the world premiere of texts&beheadings/ ElizabethR. Part of The Women’s Voices Theater Festival, dedicated to featuring new works by female playwrights, this limited engagement (on stage at the Folger September 19 – October 4), produced in conjunction with the international theater collective Compagnia de’ Colombari, draws on the Folger collection of Elizabeth I’s letters to explore the life and language of Shakespeare’s Queen.
Individual tickets for Shakespeare, Not Stirred are free. Reservations are requested at www.folger.edu/talks-screenings-more and will be available in early September.
About Caroline Bicks and Michelle Ephraim:
Caroline Bicks and Michelle Ephraim are both popular, tenured Shakespeare professors at their respective universities, and their Shakespeare-inspired personal essays and articles have appeared in such venues as The New York Times, The Washington Post, Lilith, and All Things Considered.
Caroline Bicks received her Ph.D. from Stanford University and has been on the faculty at Boston College for twelve years, as well as a teacher at the prestigious Bread Loaf School of English. She is the author of Midwiving Subjects in Shakespeare’s England and co-editor of The History of British Women’s Writing, 1500-1610, Volume 2. Bicks also writes humorous parenting pieces that have appeared on Babble, McSweeney’s, and in the show and essay collection Afterbirth: Stories You Won’t Read in a Parenting Magazine.
Michelle Ephraim received her Ph.D. from the University of Wisconsin-Madison and has been on the faculty at Worcester Polytechnic Institute for fifteen years. She is the author of Reading the Jewish Woman on the Elizabethan Stage as well as numerous articles on sixteenth- and seventeenth-century literature. Ephraim’s humorous life writing has appeared in publications such as The Morning News, Tikkun, and Word Riot, and has been featured on Open Salon.
Tickets & Information:
What: Folger Friday, Shakespeare, Not Stirred
When/Where: Friday, September 25 at 6:00pm
Folger Shakespeare Library, 201 East Capitol St., SE, Washington, DC
Tickets: FREE, reservations requested.
Tickets for the performance of texts&beheadings/ElizabethR at 8:00pm are $35.
Both available online at www.folger.edu or by calling the Folger Box Office at 202.544.7077
Metro: Capitol South (blue/orange lines) or Union Station (red line)
Parking: Limited street parking in Capitol Hill neighborhood
About Folger Theatre and Folger Shakespeare Library:
Folger Theatre is the centerpiece of Folger Shakespeare Library’s programs for the public and is recognized for dynamic performances in its 250-seat Elizabethan-styled theatre and for specializing in innovative stagings of works by Shakespeare, other classical work, and new plays inspired by these traditions. Since 1991, Folger Theatre has been honored by the Helen Hayes Awards with 23 awards and 135 nominations for excellence in acting, direction, design, and production–including the Helen Hayes Award for Outstanding Resident Play in 2011 for Hamlet (a year in which all three of Folger’s theatrical productions were nominated in that category) and in 2013 for The Taming of the Shrew. In 2012, Folger Theatre brought Shakespeare’s Globe’s Hamlet from London for the company’s first Washington appearance and continued that collaboration with the World-to-World two-year global tour of Hamlet, as well as bringing the touring production of King Lear featuring Joseph Marcell to the Folger in 2014. Folger Theatre produced The Two Gentlemen of Verona with the highly celebrated Fiasco Theater Company, a production that went on to win two Helen Hayes Awards, including “Outstanding Ensemble in a Play,” and was restaged at the Theatre for A New Audience in New York City for an extended run this summer. In November, Folger Theatre will partner with The Oregon Shakespeare Festival to bring their critically acclaimed Pericles to Washington, D.C. before that production transfers to The Guthrie Theater in Minneapolis. Janet Alexander Griffin is the Artistic Producer of Folger Theatre and Director of Public Programs which includes the Folger’s music and literary series.
Folger Shakespeare Library is a renowned center for scholarship, learning, culture, and the arts. Home to the world’s largest Shakespeare collection and a primary repository for research material from the early modern period (1500-1750), Folger Shakespeare Library is an internationally recognized research library offering advanced scholarly programs in the humanities; a national leader in how Shakespeare is taught in grades K-12; and an award-winning producer of cultural and arts programs –theatre, music, poetry, exhibits, lectures, and family programs. A gift to the American people from industrialist Henry Clay Folger, Folger Shakespeare Library–located one block east of the U.S. Capitol–opened in 1932 and is listed in the National Register of Historic Places. Learn more at www.folger.edu.
Everyone dreams to live longer and there are some medical options of life prolonging. You can read about them here https://www.hght.com/ and https://hghinjections.us/ . They are real experts on this question. But before consulting them, let’s look at some easy ways to do this.
What foods are beneficial?
Raspberries contain anthocyanin (plant pigment), which supports insulin and controls blood sugar levels, thereby protecting people from diabetes.
- Green or White Tea
One cup a day halves the risk of a bowel cancer. Antioxidants contained in the tea, called catechins, inhibit the growth of cancer cells.
Scientists of the National Institute of Cancer Research in the United States found that people who consume a large amount of carotene (the pigment contained in carrots), are six times less likely to develop skin cancer.
The consumption of natural fats, such as salmon or olive oil increases HDL cholesterol. Moreover, salmon contains large amounts of omega-3 to prevent cardiovascular diseases.
Shrimp are rich in vitamin B12, which makes the bones stronger and plays an important role in the development of new cells. In addition, the shrimp are a source of vitamin D, an important ingredient in the bone.
- Whole grains
According to the study, women who receive at least 30 grams of whole grains per day are two times less susceptible to lung cancer. A cup of oatmeal with blueberries is the best protection against breast cancer.
- Boiled potatoes
Consumption of potassium (400g of cooked potatoes with the skin on them) significantly reduces blood pressure.
- Hard cheese
The researchers found that 10g of cheddar cheese, gouda or mozzarella a day lowers pH levels, which prevents damage to the teeth.
- Spinach or lettuce
The National Institutes of Health found out that those who consume lutein (found in green veggies), have a 43 percent lower chance of developing macular degeneration.
- Red wine
Oxidative stress plays a major role in aging and antioxidants in red wine help prolong life, by neutralizing the disease-causing free radicals. One glass of pinot noir contains the antioxidant rezervatrol.
Iron in meat stimulates the renewal and restoration of hair. In addition, beef is rich in zinc and prevents hair loss.
Components found in garlic can reduce the likelihood of prostate cancer by 50 percent.
Grapefruit a day lowers the development of lung cancer by 50 percent. Grapefruit contains naringin, which helps reduce enzymes that encourage the development of cancer cells.
- Olive oil
Antioxidants contained in an olive oil, raise HDL cholesterol (good) and lower levels of LDL cholesterol (bad). Also the olive oil is an excellent protection against cardiovascular diseases.
Except the fact that it gives cheerfulness for 90 minutes, a cup of coffee in the morning is a source of antioxidants, which prevent the development of Alzheimer’s disease by more than 60 percent.
This press release was written and sponsored by Kingsberg Medical.