Iconic music producer Quincy Jones and entertainers Jennifer Hudson and Likelihood the Rapper are actually co-owners of the historic Ramova Theatre on Chicago’s South Facet.

Their possession was introduced Wednesday, in keeping with the Chicago Solar-Occasions.

The Ramova has been closed for almost 4 many years. Developer and co-owner Tyler Nevius purchased the property and an adjoining lot from town in 2017 for $1, the newspaper reported.

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Jennifer Hudson at the Tony Awards

Jennifer Hudson arrives on the seventy fifth annual Tony Awards on June 12, 2022, in New York. Iconic music producer Quincy Jones and entertainers Hudson and Likelihood the Rapper are co-owners of the historic Ramova Theatre on Chicago’s South Facet. (Picture by Evan Agostini/Invision/AP, File)

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Jones, Hudson and Likelihood the Rapper, whose actual identify is Chancelor Bennett, are Chicago natives.

“My mom at all times taught us to care for dwelling first, so to help the rehabilitation of this extraordinary theater with such a wealthy historical past in Chicago means extra to me than one might think about,” Hudson stated.

Bennett says “Chicago will at all times be half” of who he’s.

“I joined the workforce at Ramova to present again to town that’s given me a lot and to offer a stage to showcase the unimaginable expertise Chicago has to supply,” he stated.

The Ramova opened in 1929 as a single-screen film palace. It had shut down by 1985 and was spared demolition. It was positioned on the Nationwide Register of Historic Locations in 2021.

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When it reopens, the renovated theater will characteristic a 1,500-seat reside music venue and beer backyard and grill. No opening date has been introduced.

New York-based Different Half Brewing is also a associate within the enterprise.

“With Ramova, I see a future the place the wealthy cultural heritage of Chicago shines even brighter alongside the nation’s most gifted artists, which can encourage future generations to return and convey glory to America’s Second Metropolis,” Jones stated.

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