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NoMa Business Improvement District Names 2007-08 Board of Directors

Washington, D.C., August 27, 2007… The NoMa (North of Massachusetts Avenue) Business Improvement District in Washington, D.C. has announced its new Board of Directors:Chair
Bruce Baschuk, J Street Development

Vice Chair
Charles Wilkes, The Wilkes Company

Secretary/Treasurer
Douglas M. Firstenberg, StonebridgeCarras

Directors
Andrew Bauman, Morgan Stanley
Bart Bush, U.S. General Services Administration
Joseph Doran, Stephen A. Goldberg Company
James A. Evans, Tishman Speyer
Chance Patterson, XM Satellite Radio
Rob Seldin, Archstone Smith

The NoMA BID already has three new Class A office buildings; a 218-room Courtyard by Marriott hotel and a 212-unit residential apartment building are under construction. Ground will be broken in the near future for seven major developments totaling 1.5 million SF of office space, 1,500 multifamily residential units, 100,000 square feet of retail space, and 400 hotel rooms.

The NoMA BID was established in March, 2007 to support the emergence of NoMa as one of the District’s most exciting mixed-use neighborhoods. Through a special assessment collected from NoMA’s commercial property owners, the BID will help make NoMA safe, clean, and attractive for businesses, residents, and visitors.

“The NoMA BID Board reflects the dynamic make-up of the BID, with a strong mix of both locally and nationally recognized developers, owners, businesses, and other stakeholders,” said Bruce Baschuk, Chairman of the NoMA BID Board. “We look forward to launching our Clean and Safe program this fall, continuing the tremendous momentum that we have underway.”

The NoMA BID is bounded generally by Massachusetts Avenue on the south, North Capitol Street on the west, and Q and R Streets on the north; it also extends eastward just beyond the CSX/Metrorail tracks. Centrally located within the BID is the New York Avenue Metro Station, situated near the new ATF headquarters building. Private developers are investing more than $1 billion this year with plans to develop over 20 million square feet of office, residential, hotel, and retail space in the 35-block area covered by the NoMA BID over the next 20 years. For more information about the BID, including a development pipeline map, see the BID Website at http://nomabid.wpengine.com.

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