DC Mayor Adrian Fenty has signed a Land Disposition Agreement with Broadcast Center One Partners that will bring Radio One to the District’s Shaw neighborhood. The ceremony took place yesterday. Radio One O&Os WKYS, WMMJ, WYCB, WOL and LMAs WPRS with Bonneville, Its HQ and studios are currently in suburban Lanham, MD.
The D.C. Council has approved a 23 million subsidy for the mixed-use Broadcast Center One development. The deal is slated to bring 103,000 square feet of office space, nearly 25,000 square feet of retail, 180 rental apartments and a 195-spot underground parking garage.
Fenty reached the deal with developers Four Points, Ellis Development Group and the Jarvis Co. on 11/13/07.
