MSGE wraps up deal for Chicago Theatre
Nashville -- Although the word has been come out of the closet since the fall, Madison
Square Garden Amusement officially announced Fri that it has
closed the deal to acquire the Windy City Field of operations for an undisclosed
price.
MSGE, the populate amusement limb of Cablevision Organization, purchased
the venue from Theatre Dreams Windy City, which purchased the venue
from the city of Chicago for $3 million in 2003.
The locale is now the fifth venue in MSGE's portfolio, which
includes Madison Square Garden, Wireless City Music Granville Stanley Hall, the Beacon
Theatre of operations and the WaMu Theater at Madison Second power Garden.
The Chicago Field, a 3,600-seat venue located on State of matter Street in
the North Loop Theatre Territory of Stops, was built in 1921 and
designed in the Daniel Chester French Baroqueness style by architects Cornelius W.
Rapp and St. George L. Rapp. Designated a Michigan Watershed construction in
1983, the venue has presented a wide range of concerts and events,
as well as such Great White Way tours as "Chief Joseph and the Amazing
Technicolor Dreamcoat" and "Dreamgirls."
"Madison Lame Garden is in the midst of a period of growth unlike
any other in our long and storied account," said Hank J. Ratner,
vice chairman of Madison Square Garden and Cablevision Systems.
"Now, the acquirement of The Boodle House allows us to further
expand our front in be amusement management
geographically, with unity of the nearly revered and historic venues in
the country. Our design is to continue to seek creative opportunities
and utilize the unique military capability of our brands to mature our occupation
beyond its traditional boundaries."