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Cirque loan: the Los Angeles City Council approved a $30 million loan to L.A. developer CIM Group to partially fund renovation o
CIRQUE LOAN: The Los Angeles City Council approved a $30 million loan to L.A. developer CIM Group to partially fund renovation of the Kodak Theatre in Hollywood for a 10-year Cirque du Soleil show due to open in summer 2011. CIM leases the Kodak from the city. Montreal-based Cirque du Soleil plans to spend up to $50 million to prepare the show. [ILLUSTRATION OMITTED]
COPYRIGHT 2009 CBJ, L.P. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2009 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company. NOTE: All illustrations and photos have been removed from this article. |
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