Now we are getting into the fun stuff: theaters! That's my specialty! The music industry is massively political and corrupt.
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Originally Posted by jpIllInoIs
For me the Uptown Game Changer would be a renovation and restoration of the Uptown Theater. Why that has languished for 30 years is beyond me. Can't we get a media savvy Angel investor who has money to burn and a passion for changing destinies to fund or at least launch a campaign? Someone who can use her notoriety and high level connections for a publicity campaign to rally tens of thousands of people to raise a few million to put this building back to work in a broadcasting production capacity.
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The Uptown will never be renovated while JAM owns it, period. They own it explicitly to block Livenation or anyone else from getting it and fixing it up and putting Aragon (which they own together with Ivan Cardenas) out of business
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Originally Posted by Via Chicago
I think there are 80-100 million reasons....and they come in dollar form. Not to mention a sound business plan to recoup that. The damage from burst pipes alone is supposed to be monumental.
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A renovation would not be anywhere near that expensive, $40 million tops. The problem, like I said, is that JAM is just in there to cockblock Livenation, et al. JAM doesn't have the resources and therefore wants to make sure anyone who does can't come in and fuck up their operations. From what I understand, the City of Chicago is starting to get reallllllly pissed at JAM about this and are actively seeking a way to force JAM out and get someone else in.
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Although speaking of which, does anyone know whats going on with the Riv? It seems like they havent booked shows in a while, and when I walked past the other day there are building permits and it looked like the lobby was torn up.
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Originally Posted by k1052
The Riv and the Aragon got dinged for a number of code violations a few months back. I assume this is corrective action to clear up any issues before Mickelson asks for a load of TIF money to rehab the Uptown. Wouldn't look to good to be in court with the city you need to pry millions out of.
Also the recent saga with the Congress probably woke them up.
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The Riv and Aragon are both shut down because of the Congress theater BS. The owners of Riv and Aragon sicked Alderman Moreno (after they financed most of his campaign) on Eddie Carranza at the Congress Theater (which really wasn't in that bad of shape compared to any other historic theater) because Congress Theater put V-Live (which was owned by Ivan Cardenas, one of the owners of the Aragon, long time promoter, and notorious snakey douchebag) out of business. V-Live has since gone under and been sold to React Presents who got their start at Congress and are basically the people whose shows got Carranza in trouble.
Carranza started in the music industry when he bought Congress like 7 years ago and in that short time started massively cutting into the JAM monopoly on the Chicago market which naturally led to him being a big political target for JAM and Cardenas and probably Livenation as well. Anyhow, Moreno was in their pocket and launched wave after wave of attacks on Congress. Carranza naturally responded by sicking the city on Riv and Aragon in retaliation.
Long story short: everyone loses. JAM is shut down, Carranza is shut down, Riv is shut down, and the average Chicagoan gets denied access to a lot of the bands they want to see for an unknown period of time. It's all very complicated and political, and corrupt, but hopefully that clears things up.
The Congress/Portage announcement I mentioned last week is related to this whole mess. It might be delayed for a bit at this point, but it will come out soon.
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Originally Posted by the urban politician
Hearing that this is actually moving forward really makes my day. I hope that they retain some of these historic interior features
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Thalia Hall will involve the retention of ALL of those historic interior features. We will see what they can do with the place.