EastBanc and Jamestown Announce Free Parking at Electric Vehicle Charging Station in Georgetown

June 22, 2012 - PRLog -- Washington, DC -- Georgetown will become even more electrifying this summer with the help of free parking and complimentary electric vehicle (EV) charges at the PMI parking garage on M Street.  Now through Labor Day weekend, EastBanc Inc., a D.C.-based commercial and residential real estate development company, and Jamestown, a leading real estate investment and management firm, invite EV owners to enjoy one of D.C.’s busiest neighborhoods and take advantage of a free parking spot while their car charges at no cost – a value of up to $50. The charging station is located at the partners’ 3307 M Street, NW Georgetown Renaissance property. It is housed at the PMI Parking Garage with two convenient front pull-up spaces in the heart of Georgetown and is available to the public.
         EastBanc and Jamestown’s electric charging station allows EV owners to pull up, plug in and stay charged amid the hustle and bustle of the picturesque Georgetown neighborhood. Electric car owners can simply drive into the PMI Parking Garage on M Street and recharge their electric vehicle for free while they shop their way through Georgetown’s quaint boutiques, or dine at one of the many restaurants, cafes and pubs. SemaConnect's ChargePro™ charging station efficiently and fully recharges an electric vehicle in just 2 to 3 hours – a perfect amount of time for exploring Georgetown on foot.
         The charging station was developed and produced by SemaConnect, a leading developer and producer of EV Charging Stations and sophisticated EV software for station owners and EV drivers. The SemaConnect system was the first electric vehicle charging station to be installed in Georgetown. SemaConnect’s ChargePro™ charging stations are Level 2 (240 VAC/ 30 amps) and can charge all new electric and plug-in hybrid vehicles with a J1772 inlet.     
         Specifically designed for commercial-grade applications, SemaConnect’s ChargePro™ charging station is a sleek, compact charging unit that is easily installed and integrated into developing and existing facilities at multifamily, office, retail, fleet and municipal parking locations.
         The PMI Parking Garage at 3307 M Street, NW hours of operation are: Monday-Wednesday 7:00 a.m.-10:00 p.m.; Thursday 7:00 a.m.-12:00 a.m.; Friday 7:00 a.m.-2:00 a.m.; Saturday 10:00 a.m.-2:00 a.m.; and Sunday 10:00 a.m.-7:00 p.m.  
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About EastBanc, Inc.
EastBanc, Inc. specializes in the acquisition, redevelopment and management of commercial real estate assets. The firm’s long-term appreciation strategy emphasizes the creation of enterprise value in targeted markets through targeted deployment of investor capital. The cornerstone of EastBanc’s enterprise value strategy incorporates its unique ability to influence sizeable portions of urban streetscape with significant capital upgrades and master-planned leasing. With an emphasis on urban mixed-use investment, EastBanc’s developments include upscale retail, luxury residential, Class A and Class B office and luxury hotel property types. For more information, visit www.eastbanc.com.

About Jamestown
Founded in 1983 with headquarters in Atlanta, Ga. and Cologne, Germany and offices in New York City, San Francisco, Ca. and Washington, D.C., Jamestown is a leader in acquisitions and value added management. Over 29 years, Jamestown has generated approximately $8 billion in strategic investments. The company is focused across the risk spectrum with core, core-plus and opportunistic funds in two primary markets: 24-hour cities and Sunbelt territories with strong demographic growth. For more information, visit www.jamestownlp.com.

About SemaConnect, Inc.
SemaConnect is a leading provider of electric vehicle charging stations and sophisticated software for station owners and EV drivers. SemaConnect installations and accomplishments include successful deployments of over 150 ChargePro™ charging stations in Maryland, Virginia and Washington, D.C.  SemaConnect announced the largest commercial order of EV Charging stations when they partnered with 350Green for the national launch of 1,500 charging stations across the U.S. at major retail locations including Walgreens and Simon Properties. To purchase your charging station, contact us at (410) 384-4223, or visit www.SemaConnect.com.