With time running out on its option to buy the Freedom Center printing plant, Bally’s is expected to close the deal “this week,” sources said Monday, bringing the 30-acre site in River West another step closer to housing the Chicago casino.
The Rhode Island-based casino company has an option to buy the site from Dallas-based Nexstar Media Group, the nation’s largest TV station owner, which acquired it in 2019 as part of its $4.1 billion purchase of Tribune Media — the former broadcast parent of Tribune Publishing.
But the option to purchase the Freedom Center expires Oct. 25, according to sources, giving Bally’s two weeks to complete the deal.
