Overview
- Zoning documents filed in October 2026 show a concept for a new outdoor amphitheater, plaza and riverwalk on four adjacent lots at 1401–1459 N. Magnolia Ave.
- Renderings included in the application depict three tiered seating sections, a general-admission lawn, VIP areas, a central bar, production rooms and backstage support spaces.
- Operators estimate the project could cost $60–$70 million but have not bought the land and describe the filing as an early feasibility step rather than a construction commitment.
- The plan requires a formal zoning change, a hearing before the Chicago Plan Commission and extensive sewer, water and seawall upgrades to meet river-habitat and infrastructure rules.
- If approved the project would add public benefits such as a plaza replacing part of West Blackhawk Street, a riverwalk and boat dock and would build on the Salt Shed’s track record of repurposing riverside industrial sites for entertainment.