Forest City receives Award of Excellence from DC Water as part of Clean Rivers Project
CLEVELAND, Ohio, December 16, 2014 /3BL Media/ – The Washington, D.C. office of Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) recently received an Award of Excellence for Public/Private Initiative as part of the Clean Rivers Project from the District of Columbia Water and Sewer Authority, also known as DC Water.
The award, which was presented at DC Water’s December board meeting held earlier this month, recognizes Forest City’s role in managing the design, construction and third-party inspections of the Tingey Street Diversion Sewer, which includes a 1,200-foot-long, 72-inch diameter tunnel that runs directly under The Yards, Forest City’s mixed-use redevelopment of the DC Naval Yards along the Anacostia River. The Diversion Sewer enhances existing water and sewer infrastructure by providing additional containment capacity to prevent untreated sewage from reaching the Anacostia during periods of heavy rains. Overall, the Clean Rivers Project is intended to reduce sewer overflow into the Anacostia by 98 percent.
“We’re honored to accept this award and proud of the cooperative public/private partnership we have built with DC Water,” said Deborah Ratner Salzberg, president of Forest City Washington. “As we continue to build out The Yards into a vibrant new neighborhood, we recognize that we share in the responsibility to be good stewards of the land and infrastructure that sustain this part of the District. This project reflects our commitment to making The Yards, and the whole Capitol Riverfront District, a great place to live, work, shop and play.”
In presenting the award, Allen Lew, chairman of the board of DC Water, noted “the innovation, collaboration, and leadership that Forest City provided, which mitigated the disruptions and community impacts of the project and made the Tingey Street Diversion Sewer project a success.”
The project, which was completed in 2014, came in under budget and achieved 33.2 percent Minority Business Enterprise (MBE) and 5.3 percent Woman-owned Business Enterprise (WBE) contractor participation, all with minimal impact on the community and the ongoing operations and development of The Yards. State-of-the-art design and construction methods were employed, including use of a laser-guided micro-tunnel boring machine, to enable construction to high quality standards.
About Forest City
Forest City Enterprises, Inc. is an NYSE-listed national real estate company with $8.2 billion in total assets. The company is principally engaged in the ownership, development, management and acquisition of commercial and residential real estate throughout the United States. For more information, visit www.forestcity.net. The company publically reports its sustainability goals and performance, along with a wide range of other metrics and activities, annually in a Corporate Social Responsibility report, available at http://csr.forestcity.net.
Contacts: Jill Ziegler, Director of Sustainability and Corporate Responsibility, 216-621-6060, jillziegler@forestcity.net, or Jeff Linton, Senior Vice President, Corporate Communications and Community Relations, 216-621-6060, jefflinton@forestcity.net.
