News came out today via Gumbumper.com that Jay Z and Beyonce are the new owners of the Chicago Regal Theatre on the cities Southside. The Regal Theatre has been closed since 2003, and was purchased for only $250,000(a.k.a. Beyonce's pocket money). The Regal Theatre hasn't been used since 2008 for the nomination party of President Barack Obama. It hasn't been announced just yet what their plans are for the theatre, but 79th and Avalon can definitely expect some upgrades in their future.
I can't wait to see Jay Z and Beyonce greeting people outside on 79th during a Chicago winter.
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