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JT Thompson is the driving force and CEO of The Hip Hop Hall of Fame & Museum, set to open in Harlem in 2020
Hip Hop Hall of Fame Museum & Hotel
Hip Hop Hall of Fame Museum & Hotel Slated for NYC By 2021
By Hotel Business on December 18, 2018 Finance, Renovations
NEW YORK—The Hip Hop Hall of Fame Museum & Hotel has signed a term sheet to acquire a building in Manhattan on 125th St. for the museum and hotel project.
The Hip Hop Hall of Fame (HHHOF) team is now actively engaged in a capital campaign to complete the next round of $5 million to close escrow on the site, and another $10 million to complete the museum and hotel design revisions, building permit phases, as well as break ground, according to the organization. The project is slated to open in 2020-21.
The Hip Hop Hall of Fame opened up the project to “private and institutional investors and hip-hop moguls” to be partners in the ownership and development of the Hip Hop Museum’s hotel, residential, and retail components at the mixed-use facility, according to the company.
“This concept is not new, but revolutionary in hip hop music, culture, and business circles. It fits our community’s socio-economic empowerment objectives of harnessing the ‘power of hip hop’ by leading the way, promoting investment and ownership of real estate in urban development and opportunity zone infrastructure projects …,” stated J.T. Thompson, founder/CEO of the Hip Hop Hall of Fame + Museum. In the 1990s, Thompson created, and executive produced the Hip Hop Hall of Fame Awards Induction Ceremony & Concert on Black Entertainment Television (BET).
The design concept for the proposed 20-story, 140,000-sq.-ft. building will include a museum, five-star hotel, residential apartments, retail mall, gift shop, arcade, TV studios, sports bar, restaurant and concert lounge, according to the company. Promoted as an “urban theme park,” there are plans to produce more than 100 live events and concerts annually.
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Kurtis Blow and Rocky Bucano are the men behind the Universal Hip Hop Museum in the Bronx in 2022
http://www.artnews.com/
News The Talent
Forthcoming Universal Hip Hop Museum Names Chuck D Chairman of Celebrity Board
By Annie Armstrong Posted 12/19/18 3:26 pm
Chuck D.
COURTESY THE UNIVERSAL HIP HOP MUSEUM
The future Universal Hip Hop Museum—with plans to break ground in the Bronx in December 2019 and an opening scheduled for 2022—named Chuck D of the venerated rap group Public Enemy as chairman of the museum’s so-called “celebrity board.” He was appointed by Rocky Bucano, the museum’s director, as well as rapper Kurtis Blow, who is chairman of the board. In a release, Blow said, “Chuck D is one of the most intelligent and well-respected MCs in the culture of hip hop. The credibility he brings to our team is mammoth. He also understands the importance of the Universal Hip Hop Museum, and vows to let the world know via a star-studded celebrity board in the near future.”
The museum has already secured $20 million in initial funding for its future home in Bronx Point. In the same release, Chuck D said, “My life has been dedicated to the hip hop genre, both serving it as an artist and curating it to share with others, and I want to carry that work over to the Universal Hip Hop Museum. The museum is what we need to organize as a collective and present its history while having a hand in its future.”
Blow added: “Flame on!!