The $7 million renovation of "Theater on the Lake" is nearly complete, bringing the 1920s building that sat in disrepair for several years back to life.
The Prairie-style building jutting out toward Lake Michigan at Fullerton will soon reopen, transforming into a year-round performance venue with an upscale restaurant and bar nestled under the original steel frame.
It will feature a seasonal skyline patio at "The Lakefront" restaurant and will be run by an investor on a 15-year lease from the Park District.
"It has food, it has theater, it has events, it has the opportunity to create essentially a playground on the lakefront of the greatest city on earth," said chef Cleetus Friedman at "The Lakefront" restaurant.
The new venue is slated to open in a few weeks with weddings and other events already on the calendar.