Fox Television Stations Announces Plans To Move To New Studios, Office Space In Bethesda

9/18/17

Approximately 200 employees of the media group will relocate to CARR Properties in 2021

Fox Television Stations has announced plans to move from its current location in northwest Washington, D.C. and build out a new 57,500 square-foot studio, newsroom, and office space in Bethesda. The media group, which broadcasts locally as Fox 5 WTTG and Fox 20 WDCA, plans to move in June 2021 to Carr Properties, a planned 937,000 square-foot mixed use development under construction at 7272 Wisconsin Avenue.

“We are thrilled to move our facilities to Montgomery County, MD into what will be a grade A complex developed by Carr Properties and we thank the state of Maryland and Montgomery County for making this possible,” said Fox 5 Vice President and General Manager Patrick Paolini. “This is a state-of-the-art facility that will keep us in the heart of the Washington, D.C. metro area and allow us to better serve our community.”

Following the finalization of the lease, Fox Television Stations will move approximately 200 full-time employees to the new Bethesda location, which is situated directly on Metro’s Red Line. The state, through the Maryland Department of Commerce, and the Montgomery County Economic Development Corporation (MCEDC) are working together to provide support for this project, and the company will be eligible for various state and county tax credits.

“Fox Television’s relocation to Maryland is further proof that more and more great companies are recognizing the tremendous value and advantages of doing business here,” said Governor Larry Hogan. “This move, which brings 200 employees into the state, is a win for our state and for Montgomery County as we continue to attract growing companies like Fox.”

“Montgomery County is emerging as a media and entertainment capital, with Discovery Communications and now Fox 5 realizing our many business attributes,” said Montgomery County Executive Isiah Leggett. “We are delighted to welcome them to our community, and look forward to supporting their new facility and continued growth in the county.”

“We are proud to welcome Fox Television Stations and their growing team to Maryland,” said Maryland Commerce Secretary Mike Gill. “The company’s new offices and studio in Bethesda will offer a strategic location from which they can serve their many partners and customers in the region, and we are pleased to be able to work with our partners in Montgomery County to support this important project.”

MCEDC President & CEO David Petr said, “We applaud the Fox 5 decision to move to Montgomery County, adding jobs and spurring economic growth. Their choice of downtown Bethesda is masterful, which offers a vibrant downtown, walkable community and a prime location right on the metro – great accessibility for employees and guests appearing on the station’s programming.”

“Our relatively new MCEDC has been focusing its efforts on promoting the many assets of Montgomery County and sharing a growing number of successful entrepreneurs and companies that have thrived here,” added Bob Buchanan, MCEDC board chairman. “We welcome Fox 5 and know that it too will continue to have a great story to tell.”

About FOX Television Stations

FOX Television Stations is one of the nation's largest owned-and-operated network broadcast groups, comprising 28 stations in 17 markets and covering over 37% of U.S. television homes. This includes seven duopolies in the top 10 markets: New York, Los Angeles, Chicago, Dallas, San Francisco, Washington, D.C. and Houston; as well as duopolies in Minneapolis, Phoenix, Orlando and Charlotte.

About Maryland Commerce

Maryland Commerce stimulates private investment and creates jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing financial assistance to Maryland companies. The Department promotes the State's many economic advantages and markets local products and services at home and abroad to spur economic development and international investment, trade and tourism. Since they are major economic generators, the Department also supports the Arts, film production, sports and other special events. For more information, visit commerce.maryland.gov.

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