July 29, 2008

Chicago Reader Coverage of Sale of Uptown Theatre

The rest of the story behind the Uptown Theater purchase
by Ben Joravsky

In a quieter-than-predicted foreclosure sale, Jam Productions bought the Uptown Theater today for $3.2 million.

But that's only the latest step in the restoration of the historic property at Broadway and Lawrence. Jam owner Jerry Mickelson is telling reporters that he's going to need major financial assistance from the city.

And if you haven't figured it out by now, that probably means TIF money . . .

For complete article and commentary, go here.

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