The sale would bring the 30-acre site in River North another step closer to housing the Chicago casino
An artist's rendering shows the proposed $1.74 billion Bally’s Chicago casino, hotel and entertainment complex at the site of the Chicago Tribune Freedom Center, located on the corner of Chicago Avenue and Halsted Street.
The sun sets behind the Chicago Tribune Freedom Center printing facility on June 24, 2021 in Chicago.Bally’s proposal to build a $1.74 billion casino complex Par Ridder, general manager of the Chicago Tribune, confirmed the Milwaukee printing plant purchase, but said no decision to relocate printing operations has been made.
Signs that the ambitious casino project is moving forward have been increasingly visible, including one posted at the Freedom Center last month notifying the public that Bally’s submitted its application to the Plan Commission on Sept. 21 to amend an existing planned development for the site. In addition to buying the 20-year-old Milwaukee Journal Sentinel plant, which was closed when Gannett consolidated regional printing operations at its Peoria Journal Star facility in May, Alden exercised its option to extend the Tribune Publishing lease at Freedom Center for another 10 years. Unable to reach an agreement with Nexstar, the terms of the extension are being decided by arbitration, according to sources.
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