Looking ahead to 2016

Shanti Nagarkatti | Community Contributor

With the books closed on another year, here are a few of the things we’re looking forward to in 2016.

To celebrate Lollapalooza’s 25th birthday, Lollapalooza is excited to announce an additional full day of music programming for the 2016 edition in beautiful Grant Park, which will feature more than 170 musical performances over four days. “When the party can’t wait for the weekend, the movers and shakers make it happen on Thursday! So, we’ve put together an entire additional day of music to celebrate our milestone year. It’s going to be a fantastic party!” says Perry Farrell, Lollapalooza founder.

Lollapalooza 2016 will take place Thursday, July 28 through Sunday, July 31. Four-day General Admission tickets will be available for $335 and single-day General Admission tickets will be available for $120 beginning Spring 2016.

Once again, the second city is the first choice for the NFL Draft. For the second consecutive year, Chicago will host the 2016 NFL Draft on April 28-30 at Grant Park and the Auditorium Theater at Roosevelt University. Last year more than 200,000 fans from across the country participated in the draft festivities in Chicago, including the highly popular Draft Town, a free, three-day outdoor interactive fan football festival in Grant Park. The event covered almost a million square feet of the park with concessions, activities and fan caves for
each NFL team.

Real Estate Developments

As 2016 gets underway, completion is nearing for MILA, the bkL-designed, 41-story, 402-unit rental apartment tower at 200 North Michigan Avenue. The tower anchors the corner of Michigan Avenue and Lake Street, from which the project derives its name. MILA is designed to be LEED Silver certified, with availability and pre-leasing details coming in Spring 2016. The location positions the tower in a key spot along “The Cultural Mile”, an evolving stretch of Michigan Avenue south of the bridge which has seen a number of new projects alongside Grant Park, Millennium Park, and the Art Institute, including the London House Hotel – set to open in Spring 2016 – to the north of MILA.

Changes are also coming to State Street spaces. Hungry movie buffs now have a new option with a newly opened dine-in AMC theater in the Block 37 shops…Office Depot is out, and Saks Fifth Avenue Off 5th is in at the heart of the State Street shopping district. Saks Off Fifth, the retailer’s discount chain, is opening a store at 6 S. State St., in the space that Office Depot occupied before closing its doors. The new store, which is set to open this spring, would be the sixth in the Chicago area for Saks Off 5th… New York-based Tishman and AXA Real Estate Investment Managers, bought the Amalgamated Bank headquarters at 100 and 112 S. State St. from Amalgamated Bank, which is vacating space and moving to a Loop office tower, the buyer and seller confirmed. The developer is seeking a single retailer to fill up to 50,000 square feet, said Tishman Realty President David Rothenberg, making it the largest block of retail space on the Loop shopping strip.

Celebrations and Events

Put on something green and celebrate St. Patrick’s Day in Chicago with parades, events, and a trip to an Irish pub. March begins with the Irish Film Festival and continues through the month. This year, St. Patrick’s Day falls on Thursday, March 17. The downtown celebration occurs Saturday, March 12, beginning with the dyeing of the Chicago River at 9 a.m. and continuing in Grant Park with a parade at noon—starting from Balbo and Columbus Dr.

Spring Planting Day

Soon the first signs of spring in the city will lift spirits as the Park at Lakeshore East is transformed from an arctic tundra to a verdant oasis. Each year, thanks to the efforts of volunteers, the six-acre park becomes a lush, fragrant flower and garden show in what some residents consider an extension of their own backyards.

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