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Friday, June 27, 2008

Live Nation Fillmore Project to get $800,000 Montgomery County Tax Break

The mega multifaceted talent management company Live Nation will get an $800,000 tax break over 10 years if Montgomery County Executive Isiah Leggett has his way. Live Nation plans to open a Fillmore arena at the former J.C. Penney store site on Colesville Road. The site is owned by the Lee Development Group and the $13.5 million music hall depends on Lee's donation of the land in exchange for a measure of protection for the company to build on its adjacent property. AAEA supports the plan. Live Nation manages Madonna, U2 and Jay-Z, among other. (The Washington Post 6/24/08)
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