Wrigley Roof
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Wrigley Rooftops is a name for the sixteen rooftops of residential buildings which have
bleacher Bleachers (North American English), or stands, are raised, tiered rows of benches found at sports fields and other spectator events. Stairways provide access to the horizontal rows of seats, often with every other step gaining access to a row ...
s or seating on them to view baseball games or other major events at
Wrigley Field Wrigley Field is a Major League Baseball (MLB) stadium on the North Side of Chicago, Illinois. It is the home of the Chicago Cubs, one of the city's two MLB franchises. It first opened in 1914 as Weeghman Park for Charles Weeghman's Chicago Wh ...
. Since 1914 Wrigley roofs have dotted the neighborhood of
Wrigleyville Lakeview, also spelled Lake View, is one of the 77 community areas of Chicago, Illinois. Lakeview is located in the city's North Side. It is bordered by West Diversey Parkway on the south, West Irving Park Road on the north, North Ravenswood A ...
around Wrigley Field, where the
Chicago Cubs The Chicago Cubs are an American professional baseball team based in Chicago. The Cubs compete in Major League Baseball (MLB) as part of the National League (NL) Central division. The club plays its home games at Wrigley Field, which is located ...
play
Major League Baseball Major League Baseball (MLB) is a professional baseball organization and the oldest major professional sports league in the world. MLB is composed of 30 total teams, divided equally between the National League (NL) and the American League (AL), ...
. Venues on Waveland Avenue overlook left field, while those along Sheffield Avenue have a view over right field. The rooftops had always been a gathering place for free views of the game, but until the 1980s, the observers were usually just a few dozen people watching from the flat rooftops, windows and porches of the buildings, with "seating" consisting of a few folding chairs, and with little commercial impact on the team. When the popularity of the Cubs began to rise in the 1980s, formal seating structures began to appear, and building owners began charging admission, much to the displeasure of Cubs management, who saw it as an unreasonable encroachment. Various methods of combating this phenomenon were discussed. The idea of a "
spite fence In property law, a spite fence is an overly tall fence or a row of trees, bushes, or hedges, constructed or planted between adjacent lots by a property owner (with no legitimate purpose), who is annoyed with or wishes to annoy a neighbor, or who ...
", as with
Shibe Park Shibe Park, known later as Connie Mack Stadium, was a ballpark located in Philadelphia. It was the home of the Philadelphia Athletics of the American League (AL) and the Philadelphia Phillies of the National League (NL). When it opened April 12, 1 ...
in Philadelphia, or the Cubs' previous home,
West Side Park West Side Park was the name used for two different ballparks that formerly stood in Chicago, Illinois. They were both home fields of the team now known as the Chicago Cubs of the National League. Both ballparks hosted baseball championships. The ...
, was discussed. The idea was not implemented, nor was it fully abandoned. Before Opening Day in 2002, a "wind screen" was temporarily erected on the ballpark's back screen behind the outfield wall, obscuring some of the view from Wrigley roofs. When the majority were independent of Cub affiliate ownership prior to 2016, the Wrigleyville Rooftops Association's members were the 16 rooftop venues. Wrigley Rooftops is the Ricketts family's marketing arm and brand for their rooftop holdings through Greystone Sheffield Holdings and Hickory Street Capital.


History

Soon after Wrigley opened in 1914, the rooftops sprung up around the ball field. In the 1938 World Series, when the Cubs played the Yankees, The Sheffield Baseball Club was the first to charge for admission. Real estate investor Donal Barry, through an entity, purchased in 2000 1010 W. Waveland (Beyond the Ivy I) then 1048 W. Waveland (originally Beyond The Ivy III, then Sky Lounge Wrigley Rooftop now 1048 Sky Lounge) also in 2000. Barry's entity in 2004 purchased 1038 W. Waveland (Beyond The Ivy II). In 2002, the Cubs organization filed a
lawsuit - A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil actio ...
against the different facilities for
copyright infringement Copyright infringement (at times referred to as piracy) is the use of works protected by copyright without permission for a usage where such permission is required, thereby infringing certain exclusive rights granted to the copyright holder, s ...
. Since operators charge admission to use their amenities and sell licenses to view Major League Baseball, the Cubs asserted that the facilities were illegally using a copyrighted game and sued for royalties. In 2004, 11 of the 13 roofs settled with the club out of court, agreeing to pay 17% of gross revenue in exchange for official endorsement. The city also began investigating the structural integrity of the roofs, issuing citations to those in danger of collapse. With the Cubs and the neighbors reaching agreement, many of the facilities began to feature seating structures: some with bleachers, some with chair seats, and even one with a steel-girdered ''double deck'' of seats (see photo). The agreement was to last until 2023. In 2013 principal owner
Thomas S. Ricketts Thomas Stuart Ricketts (born May 23, 1966) is the Chairman of the Chicago Cubs, and the Chairman, co-founder and former CEO of Incapital LLC, a firm that provides securities firms and individual investors more efficient access to corporate bonds. ...
sought
Commission on Chicago Landmarks The Commission on Chicago Landmarks, established in 1968 by a Chicago City Ordinance, is composed of nine members appointed by the Mayor and the Chicago City Council. It is responsible for presenting recommendations of individual buildings, sites, o ...
permission to build "additional seating, new lighting, four additional LED signs of up to and a video board in right field." Ricketts said Wrigley has "the worst player facilities in Major League Baseball". When the roof owners threatened to sue he tempered the design to just "a sign in right field and a video board in left field." After the roof owners did not rescind their threat to sue, Ricketts said in May 2014 that he would attempt to proceed with the original plan even if the matter was fought in court. The Wrigleyville Rooftop Association claim in 2014 that its members spend $50 million to renovate their venues to code after agreeing to revenue-sharing. On January 20, 2015, the roof owners filed a lawsuit in federal court against the Cubs and Ricketts, citing breach of contract. The Ricketts family, owners of the Cubs, began purchasing the rooftop properties in order to control the marketable sight lines into the stadium and by the end of the 2016 season, owned (or controlled via agreement) 11 of the rooftop locations. In 2015, a family venture bought 3643 N. Sheffield Ave. building, 3639 N. Sheffield and 1032 W. Waveland. A Jerry Lasky-managed entity sold 3617, 3619 and 3637 N. Sheffield to the Ricketts in May 2015. Hickory Street Capital, a venture of the Ricketts family, took a stake in the Down the Line Rooftop (3621-3625 Sheffield Ave.) along with
right of first refusal Right of first refusal (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction ...
in 2010. James and Camelia Petrozzini moved their share of Down the Line to a living trust then the Petrozzini died in 2014. Hickory Street sued that the trust transfer violated the right of first refusal. Ricketts family ventures outright purchased seven rooftop buildings while purchase the mortgages on three Sheffield rooftop properties in receivership. The Petrozzini Trust agreed to sell Down the Line Rooftop to Hickory Street in December 2016. Ricketts family's Greystone Sheffield Holdings bought the three W. Waveland rooftops from Donal Barry on January 13, 2016. Also in January, the Ricketts launched its Wrigley Rooftops marketing brand and arm. The Ricketts family add the Brixen Ivy located at 1044 W Waveland to its rooftop portfolio. In May 2017, the Cubs and the Rickets family formed Marquee Sports & Entertainment as a central sales and marketing company for the various Rickets family sports and entertainment assets, the Cubs, Wrigley Rooftops and Hickory Street Capital.


Rooftop venues


Hickory Street Capital

Hickory Street Capital is a
Wrigleyville Lakeview, also spelled Lake View, is one of the 77 community areas of Chicago, Illinois. Lakeview is located in the city's North Side. It is bordered by West Diversey Parkway on the south, West Irving Park Road on the north, North Ravenswood A ...
development company owned by the
Joe Ricketts John Joseph Ricketts (born July 16, 1941) is an American businessman and philanthropist. He is the founder, former CEO and former chairman of TD Ameritrade. He has a net worth of US$2.7 billion according to ''Forbes''. He has pursued a variety of ...
family. Hickory Street Capital, a venture of the Ricketts family, took a stake in the Down the Line Rooftop (3621-3625 Sheffield Ave.) along with
right of first refusal Right of first refusal (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction ...
in 2010. James and Camelia Petrozzini moved their share of Down the Line to a living trust then the Petrozzini died in 2014. Hickory Street sued that the trust transfer violated the right of first refusal. Ricketts family ventures outright purchased seven rooftop buildings while purchase the mortgages on three Sheffield rooftop properties in receivership. The Petrozzini Trust agreed to sell Down the Line Rooftop to Hickory Street in December 2016 In May 2017, the Cubs and the Rickets family formed Marquee Sports & Entertainment as a central sales and marketing company for the various Rickets family sports and entertainment assets, the
Chicago Cubs The Chicago Cubs are an American professional baseball team based in Chicago. The Cubs compete in Major League Baseball (MLB) as part of the National League (NL) Central division. The club plays its home games at Wrigley Field, which is located ...
, Wrigley Rooftops and Hickory Street Capital. The Hotel Wrigley project was announced by Hickory Street Capital in 2013 for the northwest corner of Clark and Addison across from Wrigley Field with a faux-historic baseball theme. In September 2016, the project was rechristened Hotel Zachary after the 1914 ballpark’s architect Zachary Taylor Davis with a new design by architect VOA Associates. Starwood Hotels & Resorts was brought on board to manage the hotel expect to open in 2018. On April 10, 2017, the Park at Wrigley outdoor plaza was opened to the public on the same day as the Chicago Cubs' home opener.


Portfolio

*Down the Line Rooftop :Gallagher Way Plaza (April 10, 2017) and development *North Building, 1101 W Waveland **American Airlines Conference Center **Chicago Cubs Front Office **Marquee Sports & Entertainment **Motorola World Series Trophy Room *West Building, 3630 N Clark Street **Hotel Zachary (opened March 28, 2018) managed by Starwood Hotels & Resorts


Marquee Sports & Entertainment

Marquee Sports & Entertainment LLC (MSE) is a sales and marketing company for the various Rickets family sports and entertainment assets, the Cubs, Wrigley Rooftops and Hickory Street Capital. Marquee is headquartered in the Gallagher Way's North Building. Hickory Street properties included are the new Park at Wrigley, the American Airlines Conference Center in the new Cubs headquarters adjacent to the ballpark, and Hotel Zachary. The company was draws on the famous Wrigley Field marquee. Marquee Sports & Entertainment was formed in May 2017. The Cubs’ existing corporate partnerships and sales teams of 30 were transferred to Marquee. Day-to-day operating heads are the two co-managing directors, Allen Hermeling, Cubs senior director of corporate partnerships, and Andy Blackburn, Cubs senior director of ticket sales. Also involved is Crane Kenney, Cubs president of business operations, as MSE officer and Colin Faulkner, Cubs senior vice president of sales and marketing as senior vice president of MSE directly over the co-managing directors.


Notes


External links


Wrigley Rooftops
owned by Ricketts family businesses
Rooftops of Wrigley
review site {{coord, 41, 56, 54.8, N, 87, 39, 14.5, W, region:US-IL_type:landmark, display=title Chicago Cubs Wrigley Field Roofs Buildings and structures in Chicago