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Film Production Campus May Come to Chicago’s Northwest Side
New York City-based Knickpoint Ventures, owner of the sprawling 22-acre former Marshall Field’s warehouse complex on Chicago’s Northwest Side, plans to create a film production campus on the site. The Chicago Tribune that the developer has been in preliminary discussions with members of Mayor Lori Lightfoot’s administration.
“We’re interested in doing it because it’s a great economic driver both in terms of jobs and spillover economic activity, largely funded from out-of-state dollars,” Knickpoint founder Zain Koita told the Tribune. “It’s great for the city. It should happen here or elsewhere in the city.”
The property at Diversey and Pulaski Road, a series of interconnected brick structures once used by Olson Rug & Carpet, and later by Marshall Field’s, was sold to Knickpoint for almost $35 million in September 2018. Parts of the property are undeveloped and include plans for a proposed 50-foot-tall building along Metra train tracks.
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