The District-based U.S. Black Chambers Inc., (USBC) announced Oct. 30 the historic acquisition of the former Black Entertainment Television (BET) campus, a 7.86-acre landmark once home to the media empire of Robert L. Johnson, named by Forbes as the first Black billionaire in the U.S. in 2001.
With an investment of more than $38 million, the organization is set to transform this site into what will be known as the USBC Innovation Center. The acquisition marks a once-in-a-generation opportunity to reimagine the future of Black enterprise.