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WASHINGTON (WUSA9) -- CBS RADIO's six local stations will be moved to the Capitol Riverfront, two blocks from Nationals Park and just south of the U.S. Capitol.

D.C. Mayor Vincent Gray and CBS RADIO Washington, D.C. Senior Vice President and Market Manager Steve Swenson made the announcement on Monday that a 15-year lease to relocate the stations was completed.

CBS RADIO will move from its Lanham, Md. location to 1015 Half Street SE in D.C. The nearly 33,000-square-foot floor plan calls for offices, a street-level studio facing L Street SE (where passersby and visitors will be able to see live broadcasts), and a performance space where local and national recording artists can host live shows.

CBS RADIO's All News 99.1 and 106.7 TheFan will also provide news and sports content for a ticker that wraps the side of the building.

"This move highlights the growth of the creative economy taking place in Southeast and underscores our commitment to diversifying the District's economy," said Mayor Gray in a written statement released Monday. "In addition to furthering the District's economic-development strategy, CBS RADIO's six stations will create a more vibrant, active street life in the Capitol Riverfront community."

"We are very excited about the opportunity to become the only broadcast group in downtown Washington, D.C., creating a unique venue for our employees, listeners and the community," said Swenson in a written statement. "This new facility will allow an unfettered look into how we operate and provide fans of our stations with the chance to meet some of the top names in the music business and our own beloved personalities."

Construction will begin in May 2014. The new performance space will open this summer while the rest of the building will be completed by the end of the year.

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