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PN Hoffman to Develop Mather Building

WASHINGTON, DC-This housing developer has a reputation for developing trendy urban dwellings, and that is just what the nation's capital may be counting on as Mayor Anthony Williams continues his push to bring residential living to downtown.

By Marlon Millner | Updated on August 30, 2001

WASHINGTON, DC-District Mayor Anthony Williams moved one step closer to his goal of developing a downtown residential district when the city agreed to sell the Mather Building to local housing developer PN Hoffman for $2 million.

The District issued a request for proposals back in February of this year. PN Hoffman was not the only developer to bid for the property, but the firm’s Steve Earle told GlobeSt.com that it deliberately went beyond the city’s minimum requirements.

The city had asked for a minimum bid of $1 million on the 78,400-sf property, which has been vacant since 1990. Given the time frame the building sat abandoned in the heart of downtown at 916-918 G Street NW, and given the substantial rehabilitation the building will need, it would not be surprising if the city offered Hoffman tax breaks and other inducements.

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