Hoffman & Associates' lobby at its Washington, DC office. Hoffman & Associates' lobby at its Washington, DC office.

WASHINGTON—Locally-based PN Hoffman reports it has changed its name to Hoffman & Associates to reflect the company's identity as a developer of residential and mixed-use projects across multiple markets in the United States.

The corporate name change comes as the firm gets set to begin a new $250-million project—Seaboard Station—and open a new office this fall in Raleigh, NC. Hoffman & Associates' Raleigh, NC, will be located at 11 West Franklin St. Hoffman & Associates main office is located at 760 Maine Ave SW in Washington, D.C.

"We are entering an exciting new chapter in our company's history with our expansion outside of the greater D.C. area along with the building of large-scale communities across different markets," says Monty Hoffman, founder and CEO of Hoffman & Associates. "Hoffman & Associates illustrates how we, as a company, lead by building to better serve our communities."

Seaboard Station, a nearly seven-acre site in the north end of Downtown Raleigh was purchased by William Peace University in 2013 as a strategic investment to enhance the campus community. When seeking a new buyer and partner for its redevelopment, William Peace University selected Hoffman & Associates in December of last year among 13 offers.

The Seaboard Station project will be built in three phases and consist of approximately 800,000 square feet of mixed-use space at full build-out.

PN Hoffman began operations in 1993 with a single townhouse renovation in DC's Logan Circle neighborhood. From that single townhouse, the firm later began building mixed-use residences that stimulated growth in the District, to now developing entire urban neighborhoods in D.C. and beyond.

The company has major developments throughout the Washington, D.C., area, Raleigh, NC, and Falls Church, VA. Hoffman & Associates is also the managing member of Hoffman-Madison Waterfront, a joint venture with Madison Marquette, which is developing The Wharf, a $2.5-billion, 3.2-million-square-foot neighborhood on one mile of Washington, D.C.'s southwest waterfront. Other future and recent developments in addition to Seaboard Station, include West Falls Church, Waterfront Station II, The Banks, The Bower, 525 Water, VIO, The Channel and Incanto.

"As we expand into new markets, we continue to develop with a 'community-first' mindset by creating spaces that raise the human spirit and enhance the way people socialize, work and live," Hoffman added. "Opening a second office this fall in the heart of Seaboard Station in North Carolina represents exciting growth for Hoffman & Associates and our commitment to deliver value to the community."

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.