NEW YORK, Nov. 22, 2013 (GLOBE NEWSWIRE) -- The Hip Hop Hall of Fame secures Charter and is designated official Museum & Educational Institution. "We're excited and appreciate our real estate development team's work securing our $75M Midtown Manhattan site after 10 months of confidential negotiations," stated chairman JT Thompson, creator of HHHOF Awards television show on BET in 90s. Museum Development Project Manager Zubatkin Owner Representation is moving forward with Architect and Contractor selections to finalize designs and prep construction in 2014 for late 2015 grand opening. The HHHOF has $70M in backing and financing in place on the $90M Museum Project and Operations. The HHHOF Advertising Agency is engaged with brands to finalize the $100M in Sponsorships and Naming Rights partnerships for exclusive categories, floors, and exhibits. The Agency is hosting industry executives and corporate brands in a January 2014 event unveiling the Museum, and announcing HHHOF Inductees for the April 2014 televised awards show.
The facility includes the Hall, Museum, Retail Store, Sports Bar, Restaurant, Concert Lounge, Arcade, and TV Studios that will serve 1,000,000 visitors, fans, tourists, and students annually. It will produce 300 jobs, internships, host live events, and educational programs for people of all ages. The socio-economic impact in NYC is estimated over $350M annually from on-site and off-site programs, tourism, B2B local commerce, consumer spending, and city revenues.
The HHHOF had a banner year with the successful NYC Hall of Fame Nights Concert Series that featured the Cold Crush Brothers with Easy AD & Grandmaster Caz, The Crash Crew's 36th Anniversary, Rob Base, Biz Markie, DJ Mel Starr, Red Alert, Sadat X of Brand Nubian, with artists showcases by the Rap-A-Thon All Stars and Video Music Box.
HHHOF also launches its VIP Fan Membership campaign allowing first 300,000 Fans & Students who sign up at http://hiphophof.org to be enshrined in Wall of Fame Museum Exhibit with a 30 second video clip about their love of hip hop. First 1,000 VIPs are invited to private NYC concert that's viewable online for other members. The annual membership fee is $35 and includes Membership Certificate, plus 10% discount on Merchandise, Products, and Services. "Who wouldn't want to be included in hip hop history forever inside the World's first Hip Hop Institution," stated DJ Lord YodaX of Zulu Nation. The website is where fans, students, artists, labels, industry and educational organizations and professionals can interact together in a unique mix of content, news, education, history, and entertainment. "SparxO is proud HHHOF partner providing website technology for payment processing, tickets, donations, and live social engagements," says Crystle Wong, President.
CONTACT: JT Thompson (212) 330-8738
Source: Hip Hop Hall