tag:blogger.com,1999:blog-10923291.post115881344699125654..comments2024-03-26T09:42:38.709-05:00Comments on ArchitectureChicago PLUS: Historic Uptown Theater to be Purchased by City of Chicago?Lynn Beckerhttp://www.blogger.com/profile/03759748613223711212noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-10923291.post-1160273176586651362006-10-07T21:06:00.000-05:002006-10-07T21:06:00.000-05:00$70 Million for three theaters? It costs nowhere n...$70 Million for three theaters? It costs nowhere near $20 Million to restore a theater. <BR/><BR/>The field of unique private/public restoration partnerships is so full of crooks that there is no number which is unbelievable in price, but I can tell you, in cost, the number is about 1/3 of the numbers you quote even for the largest theaters.<BR/><BR/>JBPJBPhttps://www.blogger.com/profile/17015371340244747070noreply@blogger.comtag:blogger.com,1999:blog-10923291.post-1159206075487773702006-09-25T12:41:00.000-05:002006-09-25T12:41:00.000-05:00Then...perphaps to resell it to a developer for $9...Then...perphaps to resell it to a developer for $900,000 to do a vertical mall/Century Theater on the 2800 block of North Clark<BR/><BR/>Or<BR/><BR/>Simply for a multi-plex theater to be used by Classic Cinemas (own and operate the York in Elmhurst and the Lake in Oak Park) on a long term lease.<BR/><BR/>All this to go along with the new Border's a block to the south (or north...I can't remember)<BR/><BR/>Though any serious reuse of the property is probably (but hopefully not) dramatically alter the interior.Anonymousnoreply@blogger.com