Freedom Center (Chicago)
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Freedom Center (Chicago)
Freedom Center, also known as the Chicago Tribune Publishing Center is the printing plant and headquarters for the Chicago Tribune, as well as the printing facility for other publications such as the Chicago-Sun Times. History Development and construction On June 20, 1979, the Chicago Tribune announced plans for a $150 million printing plant, to replace their former printing facility at Tribune Tower. The site was to be located in the River North district, right off of the Chicago River. Architecture firm Skidmore Owings & Merrill designed the building. The Tribune acquired the 21-acre land in 1967. The goal of completion at the beginning of the project was the fall of 1982. The building would be 697,000 sq ft, and contain 10 Goss Metroliner offset presses, with space for two more. The presses could run 75,000 papers per hour, versus 60,000 at Tribune Tower. The maximum issue would also be 144 pages an issue, versus 112 at Tribune Tower. Ground was broken on the building in ...
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Oak Street Real Estate Capital
Blue Owl Capital (also known as Blue Owl) is an American alternative investment asset management firm. It is currently listed on the New York Stock Exchange under the ticker symbol: "OWL". The firm is headquartered in New York City with additional offices in Hong Kong, Singapore, and elsewhere. History In December 2020, it was announced there would be a merger between Owl Rock Capital Group and Dyal Capital Partners. The two firms would combine with a special-purpose acquisition company, Altimar Acquisition Corp to form Blue Owl. The deal was valued at $12.2 billion which included a $1.5 billion commitment from investors such as ICONIQ Capital, Federated Hermes and Liberty Mutual. On May 19, 2021, the transaction was completed and Blue Owl was listed on the New York Stock Exchange. On October 18, 2021, Blue Owl acquired Oak Street, a private equity real estate firm for $950 million. On December 13, 2021, Blue Owl acquired Ascentium Group, a business development office ...
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Tribune Media
Tribune Media Company, also known as Tribune Company, was an American multimedia conglomerate headquartered in Chicago, Illinois. Through Tribune Broadcasting, Tribune Media was one of the largest television broadcasting companies, owning 39 television stations across the United States and operating three additional stations through local marketing agreements. It owned national basic cable channel/ superstation WGN America, regional cable news channel Chicagoland Television (CLTV) and Chicago radio station WGN. Investment interests include the Food Network, in which the company had a 31% share. Prior to the August 2014 spin-off of the company's publishing division into Tribune Publishing, Tribune Media was the nation's second-largest newspaper publisher behind the Gannett Company, with ten daily newspapers, including the ''Chicago Tribune'', ''Los Angeles Times'', ''Orlando Sentinel'', '' Sun-Sentinel'' and ''The Baltimore Sun'', and several commuter tabloids. In 2007, ...
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Chicago Reader
The ''Chicago Reader'', or ''Reader'' (stylized as ЯEADER), is an American alternative weekly newspaper in Chicago, Illinois, noted for its literary style of journalism and coverage of the arts, particularly film and theater. It was founded by a group of friends from Carleton College. The ''Reader'' is recognized as a pioneer among alternative weeklies for both its creative nonfiction and its commercial scheme. Richard Karpel, then-executive director of the Association of Alternative Newsweeklies, wrote: e most significant historical event in the creation of the modern alt-weekly occurred in Chicago in 1971, when the ''Chicago Reader'' pioneered the practice of free circulation, a cornerstone of today's alternative papers. The ''Reader'' also developed a new kind of journalism, ignoring the news and focusing on everyday life and ordinary people. After being owned by same four founders since 1971, by the early 2000s profits and readership of the ''Reader'' were dropping, and o ...
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Leaseback
Leaseback, short for "sale-and-leaseback", is a financial transaction in which one sells an asset and leases it back for the long term; therefore, one continues to be able to use the asset but no longer owns it. The transaction is generally done for fixed assets, notably real estate, as well as for durable and capital goods such as airplanes and trains. The concept can also be applied by national governments to territorial assets; prior to the Falklands War, the government of the United Kingdom proposed a leaseback arrangement whereby the Falklands Islands would be transferred to Argentina, with a 99-year leaseback period, and a similar arrangement, also for 99 years, had been in place prior to the handover of Hong Kong to mainland China. Leaseback arrangements are usually employed because they confer financing, accounting or taxation benefits. Leaseback arrangements After purchasing an asset, the owner enters a long-term agreement by which the property is leased back to the seller ...
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Bally's Corporation
Bally's Corporation is a gaming, betting, and interactive entertainment company headquartered in Providence, Rhode Island. It owns and operates 15 casinos across ten states, a horse track in Colorado, and online sports betting operations in 14 states.Lou Monaco"Bally's Rebrands Kansas City Casino, Expansion Planned,"Top US Casinos, April 3, 2021. Additionally, the company owns the sports betting platform Bet.Works, daily fantasy sports operator Monkey Knife Fight, and SportCaller, a free-to-play game provider. The company was founded in 2004 as BLB Investors. It eventually changed its name to Twin River Worldwide Holdings. In 2020, the company acquired the rights to the Bally's brand from Caesars Entertainment and changed its own name to Bally's Corporation. History Bally's originated as BLB Investors. BLB was formed in 2004 as a joint venture between Starwood Capital Group, Kerzner International, and the Waterford Group for the purpose of launching a bid to acquire Wembley p ...
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Chicago Casino Proposals
The Chicago Casino Proposals is a request for proposals made to the City of Chicago, for the first casino within city limits. There were 5 original proposals. After vetoing 2, there were 3 remaining after the first round of selections. This included the Bally's Tribune site, the Hard Rock International One Chicago site, and the Rush Street Gaming 78 neighborhood site. On May 5, 2022, Mayor Lori Lightfoot announced that the Bally's Tribune site was her choice as the location for a city casino. History In 1990, when Illinois enacted the Riverboat Gambling Act, casinos had to be located on a river, and had to set sail during gambling. Over time these restrictions throughout the state of Illinois were lessened. For instance, in 2011, Rivers Casino in Des Plaines had to be built over a shallow pit of water. In 2019, the state enacted a change (SB0516) to the Riverboat Gambling act which allowed land based casinos. When the 2019 amendment was passed, it also allowed a casino in Chic ...
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One Prudential Plaza
One Prudential Plaza (formerly known as the Prudential Building) is a 41-story structure in Chicago completed in 1955 as the headquarters for Prudential's Mid-America company. It was the first skyscraper built in Chicago since the Great Depression of the 1930s and the Second World War. The plaza, including a second building erected in 1990, is owned by BentleyForbes and a consortium of New York investors, since the Great Recession of the early 21st century. History of construction The structure was significant as the first new downtown skyscraper constructed in Chicago since the Field Building, 21 years earlier and was built on air rights over the Illinois Central Railroad. It was the last building ever connected to the Chicago Tunnel Company's tunnel network. When the Prudential was finished it had the highest roof in Chicago with only the statue of Ceres on the Chicago Board of Trade higher. Its mast served as a broadcasting antenna for Chicago's WGN-TV. The architect w ...
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Tribune Publishing
Tribune Publishing Company (briefly Tronc, Inc.) is an American newspaper print and online media publishing company. The company, which was acquired by Alden Global Capital in May 2021, has a portfolio that includes the ''Chicago Tribune'', the ''New York Daily News'', ''The Baltimore Sun'', the ''Orlando Sentinel'', South Florida's ''Sun-Sentinel'', ''The Virginian-Pilot'', the ''Hartford Courant'', additional titles in Pennsylvania and Virginia, syndication operations, and websites. It also publishes several local newspapers in its metropolitan regions, which are organized in subsidiary groups. Incorporated in 1847 with the founding of the ''Chicago Tribune'', Tribune Publishing operated as a division of the Tribune Company, a Chicago-based multimedia conglomerate, until it was spun off into a separate public company in August 2014. The company confirmed its sale to hedge fund Alden Global Capital on May 21, 2021. The transaction officially closed on May 25. Prior to this a ...
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Nexstar Media Group
Nexstar Media Group, Inc. is an American publicly traded media company with headquarter offices in Irving, Texas; Midtown Manhattan; and Chicago, Illinois. The company is the largest television station owner in the United States, owning 197 television stations across the U.S., most of which are affiliates with the four "major" U.S. television networks, and MyNetworkTV. It also operates all of the stations owned by affiliated companies, such as Mission Broadcasting and Vaughan Media, under local marketing agreements, and operates major TV network The CW through a 75% majority stake, two terrestrial television networks airing classic shows, Antenna TV and Rewind TV, and has full or partial ownership stakes in three pay television networks (cable news and entertainment network NewsNation and food and cooking networks Food Network and Cooking Channel, the latter two through a 31% stake in Television Food Network G.P.). History 1996–2010: Formation The Nexstar Media Group was ...
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Chicago Tribune
The ''Chicago Tribune'' is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television are named), it remains the most-read daily newspaper in the Chicago metropolitan area and the Great Lakes region. It had the sixth-highest circulation for American newspapers in 2017. In the 1850s, under Joseph Medill, the ''Chicago Tribune'' became closely associated with the Illinois politician Abraham Lincoln, and the Republican Party's progressive wing. In the 20th century under Medill's grandson, Robert R. McCormick, it achieved a reputation as a crusading paper with a decidedly more American-conservative anti-New Deal outlook, and its writing reached other markets through family and corporate relationships at the ''New York Daily News'' and the ''Washington Times-Herald.'' The 1960s saw its corporate parent owner, Tribune Company, rea ...
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Freedom Center North
Freedom is understood as either having the ability to act or change without constraint or to possess the power and resources to fulfill one's purposes unhindered. Freedom is often associated with liberty and autonomy in the sense of "giving oneself their own laws", and with having rights and the civil liberties with which to exercise them without undue interference by the state. Frequently discussed kinds of political freedom include freedom of assembly, freedom of association, freedom of choice, and freedom of speech. In one definition, something is "free" if it can change easily and is not constrained in its present state. In philosophy and religion, freedom is sometimes associated with free will, without undue or unjust constraints on that will, such as enslavement. It is an idea closely tied with the concept of negative liberty. Charles Taylor resolves one of the issues that separate "positive" and "negative" theories of freedom, as these were initially distinguished i ...
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Freedom Center North 4-1-22
Freedom is understood as either having the ability to act or change without constraint or to possess the power and resources to fulfill one's purposes unhindered. Freedom is often associated with liberty and autonomy in the sense of "giving oneself their own laws", and with having rights and the civil liberties with which to exercise them without undue interference by the state. Frequently discussed kinds of political freedom include freedom of assembly, freedom of association, freedom of choice, and freedom of speech. In one definition, something is "free" if it can change easily and is not constrained in its present state. In philosophy and religion, freedom is sometimes associated with free will, without undue or unjust constraints on that will, such as enslavement. It is an idea closely tied with the concept of negative liberty. Charles Taylor resolves one of the issues that separate "positive" and "negative" theories of freedom, as these were initially distinguished i ...
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