We are pleased to announce that former Chief Executive Officer of the Howard Hughes Corporation, David Weinreb, will join Praxis as Vice Chairman. David is spearheading our search for a founding site on the Mediterranean.
Howard Hughes is a pioneer developer of planned cities, such as The Woodlands, Texas; Columbia, Maryland; and Summerlin, Nevada — each with over 100,000 residents.
Other projects David oversaw include the transformation of Lower Manhattan’s South Street Seaport from a tattered tourist district into a prime destination for New York residents. This project included the Rooftop at Pier 17, which was named the Best New Concert Venue in 2019 by Pollstar. Under his leadership of the Howard Hughes Corporation (NYSE: HHC), the company’s share price rose by over 300%.
On Praxis, David says:
“I have spent my career bringing people together to make urban spaces thrive. Praxis offers an incredible opportunity to do that work with a blank canvas, on a grand scale, and for a cause I believe in: revitalizing city life.”
Our vision is big: we want to build the next great city, an engine for technological progress, a dynamic culture, and a better way to live. We recognize that reality is in the details, and many crucial details can only be anticipated by a city developer with David’s experience, which is extremely rare. We’re excited to work with David to find the right site to pull the city of the future into the present through physical construction.
Praxis Co-Founder and CEO