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Fillmore deal done, Montgomery officials say

Montgomery County

After months of wrangling on the details, a deal has finally been reached on building a Fillmore Music Hall in downtown Silver Spring, Montgomery County officials said Thursday night.

The Lee Development Group, which has development ambitions in the area, will give Montgomery the $3.5 million property needed for the venue, which will be run by the entertainment concern Live Nation. The site will keep the J.C. Penney façade.

Maryland and Montgomery will each kick in $4 million to help pay for the hall, which the county will own. Officials said the state and county will get $1 million a year worth of direct and indirect financial benefits from taxes and rent from the project, and will have to pay about $355,000 annually to cover its borrowing.

Boosters said adding music gigs just across the street from the AFI Silver Theater will make the Colesville Road-area a potent entertainment draw. More on the fine print of the agreement when we see the details.

By Michael Laris  |  November 12, 2009; 8:09 PM ET
Categories:  Michael Laris , Montgomery County  
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Comments

It's Post style to use "façade" instead of "facade"?

Posted by: subwayguy | November 13, 2009 8:55 AM | Report abuse

Maybe that's because the Post's coverage of Montgomery County - and Silver Spring, in particular - is a façade.

Posted by: elasticsynapse | November 13, 2009 11:06 AM | Report abuse

I thought the county and state were both broke. It's good to know there's plenty of money left to spend on concert halls for rich people.

Posted by: member8 | November 13, 2009 11:13 AM | Report abuse

Member8, since when was this a concert hall for rich people? Actually, since when was this a concert hall? And when did I become rich?

The money for this was set aside a long time ago. And looks like we'll be making a profit on tax revenue within a few years. Please keep your self-righteous blathering to yourself. Silver Spring has needed a proper venue for small bands and concerts for a long time now, so lower your nose out of the air and try to ENJOY what's actually becoming quite a nice downtown in Silver Spring.

Posted by: crzytwnman | November 13, 2009 1:47 PM | Report abuse

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