On the heals of Tuesday's successful Obama rally, Grant Park can expect to see plenty more action in years to come.
The Chicago Park District has signed a new deal with C3 Presents, the Texas-based company that stages Lollapalooza. The agreement ensures that the popular music festival will stay in Grant Park through at least 2018.
The park district currently receives 8% of revenues, but the proposed deal will increase that to 10.25% of gross revenues. (Sponsorships will remain at 8.5%.)
Chicagoans can openly remark on the plan at a public forum at 6:30 p.m. Monday at the fieldhouse in Daley Bicentennial Plaza.
"There is a lot of tension among residents with noise complaints and congestion in the neighborhood during the festival, and I want to hear what people have to say," Bob O'Neill, president of the Grant Park Conservancy, told the Chicago Tribune.
The new deal will be up for approval by the Park District board on Wednesday.