121 West Trade Street
27th Floor
Charlotte, NC 28202

FOR IMMEDIATE RELEASE
January 19, 2007

FAISON PROJECT AWARDED FOR ARCHITECTURE 

Ventana Condominium, Washington, DC

Washington, DC – January 19, 2007 - Faison is thrilled to announce that The Ventana Condominium has been named one of “The Best of 2006” by Architecture DC magazine. The architect, Shalom Baranes Associates, PC, was given a 2006 Award of Merit for Architecture in the Winter 2006/2007 issue of Architecture DC. The unique design of the building was lauded by the magazine, which stated that it “contributes to the area’s rejuvenation while respecting its rich architectural heritage, which includes many beautiful commercial structures built early in the last century.”

The Ventana, located at 912 F St, NW in the heart of the burgeoning Penn Quarter, incorporates three historic town homes with an 11-story glass and steel tower into 62 luxury homes and 10,000 square feet of retail space. The building is owned by Douglas Development Corporation and was developed by Faison.

Faison and its Principals have developed over 400 residential condominium units in the Washington Metro area. Specializing in high density, urban infill development, the company currently has approximately 500 residential units either in the planning or construction stages and was recently listed in The Washington Post as a Top Five Condo Builder in the Washington DC metropolitan area.

Faison Enterprises, Inc. is a privately-held development company with a diversified product portfolio that includes retail, commercial and residential project development, management and acquisitions services. With more than 40 years in the business and holdings of approximately $1 billion, including $500 million of new projects under development, the Charlotte NC based company manages and develops properties throughout the Mid-Atlantic and South and maintains regional offices in Bethesda MD, Washington D.C., Charlotte NC, Charleston SC, Atlanta GA, Orlando and Delray Beach, FL. For more information, visit www.faison.com

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