Jun 15 2007
Related today received The National Building Museum Honor Award for 2007. The award was given in recognition of Related's promotion of architecture and design excellence in new development; commitment to high-profile, transformative urban mixed-use projects; leadership in the creation and management of affordable housing across the nation; and legacy of innovative business strategies that have become models for economic development and community revitalization. Stephen M. Ross, Chairman and CEO of Related Companies, and Jorge Perez, CEO of The Related Group, accepted the award on behalf of Related at a gala event this evening at the Museum in Washington, DC.
"Cities across the country have been transformed by Related," said National Building Museum executive director Chase Rynd. "The company's support of extraordinary architecture along with its contributions toward urban revitalization has resulted in tremendous economic, cultural, and civic benefits for our society. The Museum recognizes Related's significant achievements in improving our built environment."
For over 20 years, the National Building Museum's Honor Award has recognized outstanding individuals and companies who have made significant contributions in the fields of architecture, planning, construction, and building. The Honor Award is given annually by the Museum, and each recipient is chosen from a list of nominees by the Board of Trustees. Past honorees include the Rockefeller and Pritzker families, Senator Daniel Patrick Moynihan, and Michael D. Eisner and the Walt Disney Company.
Stephen M. Ross, Chairman and Founder of Related Companies said, "It is a tremendous honor to receive this esteemed award from such a distinguished institution. As one of the largest private developers in the nation, we take great pride in the extraordinary impact we can have on the economic vitality and quality of life in the communities in which we build. At Related, we feel it is both a responsibility and a privilege to play a role in helping to improve people's lives. It is rewarding to receive this recognition for our design excellence, commitment to affordable housing, and transformative projects."
Jorge Perez, Chairman and Founder of The Related Group said, "The Related Group has earned a national reputation for building luxury condominiums; however, since its inception, we have placed great priority on building affordable and attainable housing. We are extremely pleased to be recognized for our efforts in this area. Our greatest pride is to contribute to the development of 24-hour cities where the moderate-income earner can work, live, and be entertained. It's a great feeling to provide that kind of opportunity to people and to be recognized for doing that which we love."