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Old 11-13-2009, 11:16 AM
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Default County, lee development group sign land donation agreement for the fillmore silver sp

COUNTY, LEE DEVELOPMENT GROUP SIGN LAND DONATION AGREEMENT FOR THE FILLMORE SILVER SPRING

County Gets Silver Spring Property Worth $3.5 Million For Free To Open Fillmore Music Hall

Montgomery County and the Lee Development Group today signed a final agreement permitting the construction of a Fillmore Music Hall on the property which formerly housed the J.C. Penney Company in downtown Silver Spring. After completion of the Music Hall, Lee Development Group will donate the land to the County.

Under the terms of the agreement, Montgomery County receives the $3.5 million property at no cost to create a dynamic new music, entertainment, and community use venue in downtown Silver Spring, a move that will bolster economic development and the music scene for that community and the County as a whole.

The new music hall, to be run under contract by Live Nation, will preserve the historic façade of the old J.C. Penney store site on Colesville Road owned by the Lee Development Group – a site vacant for 18 years -- and build a modern, new ...more


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