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The long-awaited Hip Hop Hall of Fame Museum has finally staked its roots in the Big Apple, right in the heart of midtown Manhattan, according to the Wall Street Journal.

The museum will feature an eatery, arcade, concert lounge, television studios, marquees, community and corporate rooms, and of course, a gift shop.

The Hip Hop Hall of Fame Awards, which was created by James “JT” Robinson, was a yearly staple at one point on the BET network. The awards program stopped inducting honorees in 1997, after the iconic rappers Tupac Shakur and Christopher Wallace (aka the Notorious B.I.G.) were brutally gunned down.

During their absence on the small screen, the organizers of the program still made a concerted effort to preserve the music’s legacy by maintaining a website and participating in outreach events.

Now the museum is expected to house thought-provoking and riveting exhibitions as well as have interactive programming with an educational slant for youngsters.

The museum organizers expect as many as 650,000 visitors a year with at least 20,000 students.

As to where the museum will be specifically located in midtown, the location will not being released until July because the organizers of the event are still in talks and finalizing the deal.

One question, though: Why didn’t the museum consider the Bronx as its home base since hip-hop was born in this New York City borough in the 1970s? According to the company’s business development manager, Bobby Fisher, “We have to take into consideration families and tourists,” Fisher told the Wall Street Journal. “They are comfortable going into Manhattan.”

The Hip Hop Hall of Fame Awards is expected to make a televised comeback this November and will be broadcast from Harlem’s famed Apollo Theater.