Mayor Rahm Emanuel, Superintendent Michael P. Kelly, Alderman Michele Smith, and members of the Lincoln Park and theater communities broke ground on the new Theater on the Lake year-round cultural facility, located at Fullerton Avenue and Lake Shore Drive. The building, just steps from Lake Michigan, will undergo a $6 million facelift to be funded by Lakefront Hospitality Group. The Group’s proposal to remodel, renovate and operate the one-of-a-kind entertainment and cultural venue was in response to a concession Notice of Availability that was advertised in December of 2015.
Theater on the Lake’s new redesign will preserve the historical aesthetics of the loft-like structure, while incorporating modern elements to transform it into a multi-use, year-round venue. The structure will be divided into three sections: a new 330-seat main theater with new lighting, sound system, green rooms and dressing rooms, two-adjacent event spaces with access to a lakefront terrace, and a public restaurant furnished with a kitchen and a semicircular outdoor patio. The renovations come on the heels of the completion of the Fullerton Revetment project earlier this year. The U.S. Army Corps of Engineers’ shoreline protection project at Fullerton Avenue Beach added approximately 5.8 acres of park space to the area neighboring the Theater on the Lake building. Renovations are expected to be complete in summer 2017.