Uptown Theatre buyer calls city requirements ‘onerous’
By Eddie Baeb
July 30, 2008
(Crain’s) — The foreclosure sale of the Uptown Theatre to a venture led by Jam Productions Ltd. doesn’t mean tickets will be going on sale at the historic concert hall any time soon — or even any time in the next few years.
The restoration of the long-vacant theater could cost about $40 million and take five years or more to complete, says Jerry Mickelson, a founder and principal with Jam, a Chicago-based concert promoter...
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