Wednesday, September 06, 2006

Chicago overflowing with arenas

There really isn't too much to be gleaned from this article other than the fact that the various venue operators/promoters see opportunities to slice up the market by location, size of venue, and type of seating (indoor versus outdoor). I suppose if Chicago can drum up enough fan interest to support all of these venues, that's a good sign for other cities and for the music business in general.

Daily Herald, 9/5/06 -The Chicago rockopoly: Suburbs roll the dice with new music arenas : "During the past seven years, despite increasingly tepid national concert sales, six new arenas have opened or have been slated for construction within a 30-mile radius of Chicago. Each venue - including the Sears Centre in Hoffman Estates, Toyota Park in Bridgeview and a possible Poplar Creek replacement - seats more than 7,000 and each expects to host six to eight large-name music acts next year.

"This trend looks only to expand an already vibrant urban and suburban music market that's populated by nine arena-sized venues, among them the 21,000-seat United Center in Chicago and the 30,000-seat First Midwest Bank Amphitheatre in Tinley Park.

"That means more than 250,000 seats for concertgoers when all venues build out, enough for everyone in Elgin and Naperville to rock out at once."

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