Uptown in the News
December 1, 2006
The landmark Uptown Theatre, 4816 N. Broadway, has been mostly unused for 25 years. Community-based plans for a revival foundered because little but hope was behind them.
Now, the Uptown has another chance. This one involves prospective buyers with money and, maybe, a real plan for putting the huge auditorium to use.
Two companies that specialize in concert promotions and large-scale entertainment, Live Nation, Inc., and AEG, have examined the property, sources said.
Live Nation bills itself as “the world’s leading live entertainment company” and owns such local venues as the First Midwest Bank Amphitheatre in Tinley Park and the Alpine Valley Music Theatre in East Troy, Wisconsin. It bought the House of Blues nightclub chain a month ago, and also manages the bookings for the Charter One Pavilion on Northerly Island.
AEG owns Toyota Park in Bridgeview, home of another of its properties, the Chicago Fire, one of four Major League Soccer franchises it owns. It also owns the Los Angeles Kings hockey team and the Staples Center in Los Angeles.
The city planning department declined to say if it has met with the companies. Spokeswoman Connie Buscemi said staffers “haven’t seen any proposals yet, but we look forward to doing so.”
To view the entire article for a fee, please visit the Chicago Sun-Times website at www.chicagotribune.com or www.suntimes.com/news/metro/156561,CST-NWS-uptown01.article.
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