WASHINGTON -- Former Los Angeles Lakers basketball star Magic Johnson and a group of businessmen recently purchased the Washington Hilton, and they said the hotel will soon undergo a major facelift.Johnson said he spent many nights at the hotel as a player, but it feels even better to be a part owner.Johnson and a group of Los Angeles investors purchased the hotel for $290 million.
The hotel acquisition deal is one of the largest in D.C. history, officials said.Since opening 42 years ago, the Hilton's become a landmark and a popular host to conferences, formal events and a parade of presidents. It is also well known as the place where John Hinkley shot President Ronald Reagan in 1981.The Hilton has 1,119 rooms, 110,000 square feet of meeting space and the city's largest ballroom, officials said, all of which will get a new look.Johnson's other businesses in the District include nine Starbucks stores, a technical center for children and a project near the new Nationals baseball stadium.
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