Largest Black Radio Group in Talks to Return to D.C.
posted 10:50 am Tue September 25, 2007 - Washington
But the proposed deal would mean the city has to provide $22 million in public financing.
Deputy mayor for planning and economic development Neil Albert says that if the council approves the deal, it would bring the 70-station urban radio group "back to its district roots."
The development would include the Radio One offices, shops and 180 apartments.
Officials and developers say that the benefits of the $115 million project would outweigh the cost to the city, and that it will be a jump-start to the revitalization efforts near Georgia Avenue, Northwest.
--
Information from: The Washington Post
Not a member yet? Click Here to sign up.
Please leave your comments below:
Messages that harass, abuse or threaten other members; have obscene or otherwise objectionable content; have spam, commercial or
advertising content or inappropriate links may be removed and may result in the loss of your posting privileges.
Please do not post any private information unless you want it to be available publicly.
Never assume that you are completely anonymous and cannot be identified by your posts.
© 2007 WJLA-TV
© 2007 The Associated Press
All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
The 'RUNNING MAN' icon is a registered trademark of America Online, Inc.
ABC 7 News to leave comments on news stories.