Good Morning, Shaw
The Block of Blight is one step closer to renewal. Ellis Development Group, which is also restoring the Howard Theater, plans to build 100,000 square feet of office space for Lanham-based Radio One and TV One, along with 22,000 square feet of retail space and 200 condos at the Shaw Metro’s northern entrance. The project, Broadcast Center One (pictured above), was supposed to break ground in September, but obviously it has been delayed.
The project may be one step closer to construction, though. In October the Washington Business Journal reported that the United Negro College Fund (UNCF) was considering leasing some office space in the project. On Thursday, our ANC Commissioner Myla Moss (ANC1B01) confirmed that UNCF had inked a deal to lease some of the space. It’s easier for a developer to secure financing and start construction the more signed leases they have beforehand.