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Uptown in the News  

December 3, 2003
Chicago Tribune
Inside Commercial Real Estate
By Thomas A. Corfman

………Wilson Yard deal: Century Theatres Inc. has signed a letter of intent to lease an 18-screen movie complex as part of a mixed-use development proposed for the 5-acre Wilson Yard site in Uptown, sources said.

More than a year ago, the Daley administration selected Holsten Real Estate Development Corp. and Kenard Corp. to develop the vacant, city-owned property south of Wilson Avenue elevated train station.

An agreement between the developers and the San Rafael, Calif.-based movie theater chain would be a key to their proposal, which is expected to include mixed-income housing.

City officials are aware of Century's interest, but the developers are still working on their proposal, a Chicago Planning Department spokesman said………………

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