7/17/06
WVON, 1450 AM, successfully closed on the financing for its new broadcasting
building. The financing for the project includes a ShoreBank loan
and City of Chicago TIF assistance. Going up at 1000 E. 87th Street,
a prior SoftSheen headquarters, the new station boasts a glass-walled
state-of-the-art studio that will let passers-by see the on-air
personalities at work. Lighten-Gale Group assembled the TIF financing
for the project and is assisting with the project management. WVON
will go live from its new location this fall.
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