DC officials finalize Radio One property deal

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Washington, DC officials have finalized their deal that would enable Radio One to build a new HQ in the city, bringing the broadcaster back to its home town a decade after it moved to suburban Maryland. Under the agreement with private developers signed by Mayor Adrian Fenty, the city will provide 22 million in grants and incentives for the project, to be built above the Shaw-Howard University Metro stop at a total cost of 144 million.