Monday, October 15, 2007

PN Hoffman Named Fourth Fastest Growing Company in Metro Region

According to this weeks Washington Business Journal, PN Hoffman was named the fourth fastest growing company in the area between 2004-2006. According to the Journal, PN Hoffman saw 175% growth over the time period and nearly quintupled their revenue, from just under $10 Million in 2004 to just under $50 Million this past year.

"One Day, Washingtonians will be able to stroll along the sidewalks of the Southwest waterfront in D.C. and grab a bite to eat or window shop. And PN Hoffman Inc. is one of a handful of companies that hopes to turn that vision into a reality.
The developer of upscale condominium residences and mixed-use properties in the Washington area is one of two companies chosen to develop the Southwest waterfront, an $800 million mixed-use development near the new Washington Nationals stadium. PN Hoffman and Struever Bros. are planning for hundreds of economically and socially integrated housing units, a cultural component focused on education and maritime history, a hotel, a gourmet grocery store, casual and upscale dining, parks, open space and a promenade. Construction is expected to start in 2009 and to be completed in 2016.
PN Hoffman has been developing mixed-use projects in the Washington area since its launch in 1993."

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