Radio One scraps plan to relocate headquarters.

story by Inside Radio

Radio One won’t return to its roots after all. The company reportedly has pulled out of a plan to move its corporate headquarters from suburban Lanham, MD back into Washington, DC where founder Cathy Hughes began her radio career more than two decades ago.
The building was to be known as Broadcast Center One and mix office, retail and residential space. Developers had secured tax breaks from the city, but it appears financial reasons will keep Radio One at its current location. Despite years of delays, the developer tells the Washington Business Journal it will move forward and will look for new tenants for the Radio One space.