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Liz Price Honored as “Woman Who Means Business”

Washington, D.C., November 4, 2010 – The Washington Business Journal honored NoMa Business Improvement District President Liz Price in its 2010 Women Who Mean Business awards program. This prestigious award is bestowed upon only 25 of the region’s most influential women each year, women from every industry and profession who have made a difference in their communities and are leaving a mark on the Washington business community.

“Liz has been instrumental in the branding, development and marketing of NoMa and, in fact, has earned the very accurate title of ‘Mayor of NoMa’ to everyone acquainted with her work,” said NoMa BID Chairman and J Street Companies Chairman, Bruce Baschuk.  “Her leadership skills are not only evidenced in the explosion of activity and community spirit within NoMa but also in her creation of the best BID team in the city. The NoMa BID staff’s confidence in her is best demonstrated by their nomination of her to this very prestigious honor.”

After a successful career in economic development at the U.S. Department of Housing and Urban Development (HUD), the National Capital Revitalization Corporation, the Deputy Mayor’s Office for Planning and Economic Development, and the Anacostia Waterfront Corporation, Liz Price jumped at the opportunity to run the NoMa BID. She is now deeply involved in the redevelopment of NoMa, Washington DC’s fastest growing neighborhood, just four blocks from the Capitol. NoMa has leased more than three million square feet of commercial office space in the last three years, including 10 new restaurants and cafés, three residential buildings, and two hotels. The city’s largest Harris Teeter will open on December 8.   “We are building a new community and not just a series of buildings or projects,” she reminds her staff regularly.

Under Ms. Price’s leadership, the BID has risen to new heights and engaged in a wide array of issues, including:

Ms. Price oversees a budget of $1.9 million and a growing staff of 10 people. NoMa BID continues to innovate and create, while collaborating with the community and public agencies. As president of NoMa BID, she has built an organization that is viewed as effective, innovative and compassionate by the community, as well as the public and private sectors.

Honored individuals will be profiled in the Nov. 19-25 edition of the Washington Business Journal and recognized at an evening awards program to be held November 18, 2010, at the Mandarin Oriental Hotel in Washington, D.C. Registration information for the event is available atwww.wbjwomenwhomeanbusiness.com.

About NoMa

NoMa is a mixed-use neighborhood north of Massachusetts Avenue and the U.S. Capitol in Washington, D.C. In the last three years, private developers have invested more than $3 billion in the 35-block area covered by the NoMa BID, and have plans to develop more than 20 million square feet of office, residential, hotel, and retail space over the next 15 years. More than 5,000 new employees and residents will move into NoMa in 2010. View our NoMa Summer Screen video here: www.nomasummerscreen.com. For more information about the BID, including an interactive development map, visit the BID Web site at nomabid.wpengine.com.

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