CHICAGO — The deal to keep Lollapalooza in Chicago for at least the next decade includes a complete revamp of how festival producers will pay the Park District, tighter restrictions that keep competing music festivals out of Grant Park and no provisions for investment in the grounds except a $100,000 tennis court renovation.
Though Mayor Lori Lightfoot took the stage during this year’s fest to announce to cheering fans that the flagship music would remain in Chicago, her office and the Park District had not shared all the specifics of the agreement with C3 Presents, which puts on the Lollapalooza, nor confirmed whether a contract had been signed.
In its response to a Tribune Freedom of Information request, the district said Monday the contract “is currently in draft status” and provided a three-page “agreement term summary” signed by Parks CEO Rosa Escareno and C3 manager Charlie Walker on July 30, the second-to-last day of the 2022 festival.