Cool. I've heard of this project, but didn't hear of any details.
West Loop, Chicago | Sundance Kid to Rise in West Loop? : Wrinkly legend Robert Redford is planning to bring his start-up movie chain project to the former Fannie May site in the Near West Side, according to an article in Crain's.Sundance Cinemas was launched last year and has already signed theater deals in Madison, WI and San Francisco, CA. They could provide much needed credibility to the retail project on a two-block site at Jackson and Racine, acquired by developers IBT Group LLC two years ago. Called Metro Center 290, to spotlight the location along I-290, plans for the project also include a specialty grocery store and a health club.
Crain's Chicago has more.
Sundance Cinemas LLC is close to signing a letter of intent to open a six- to eight-screen theater in a 266,000-square-foot, multistory development proposed for the site just north of the Eisenhower Expressway and east of Racine Avenue, according to people familiar with the negotiations. A Chicago location would be a key step in a planned nationwide rollout of movie theaters featuring the artsy independent films and brainy documentaries that have gained wider popularity thanks in part to Mr. Redford's non-profit Sundance Film Festival.
We'd rent out our loft to Mr. Redford while the project is being completed (walking/stumbling distance away)....
