The TEI was long based in Charlottesville, Virginia, and may still legally be incorporated there, but it's address and base of operations is now in Arlington, Massachusetts:
http://www.tei-c.org/About/contact.xml
The Chicago Manual of Style says to put "the city (or cities) where the principal offices are located" on the title page, so even if the TEI-C is still legally incorporated in Virginia, I think Arlington is now more appropriate.
If Council (or maybe consult the Board?) agree, update guidelines-en.xml.
I probably should have filed this as a bug instead of a feature request. Sorry!
Assigning to Elli Mylonas to triage and propose change to council. (Seems reasonable to me though...)
Council discussion 2014-07-01: Remove the pubPlace completely and close the ticket.