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Wintrust Business Minute: Lollapalooza expected to bring nearly $500 million to Chicago’s economy
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Lollapalooza is back in Chicago and its economic impact is expected to be nearly a half billion dollars. Festival organizers say that figure was $440 million in 2024, including a $10 million rent payment to the city. Lollapalooza also generated about $7 million in amusement tax revenue. Going back to 2010, Lollapalooza has generated more than $3.2 billion for the Chicago economy. That includes spending by attendees, job creation and fees paid to the city.
Also, Chicago-based Archway Pet Food, which develops climate-smart dog treats, is buying Bright Planet Pet. Listen for more below:
https://serve.castfire.com/audio/7553185/7553185_2025-07-31-221425.64kmono.mp3
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By wgnradio.com
4.6
99 ratings
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Lollapalooza is back in Chicago and its economic impact is expected to be nearly a half billion dollars. Festival organizers say that figure was $440 million in 2024, including a $10 million rent payment to the city. Lollapalooza also generated about $7 million in amusement tax revenue. Going back to 2010, Lollapalooza has generated more than $3.2 billion for the Chicago economy. That includes spending by attendees, job creation and fees paid to the city.
Also, Chicago-based Archway Pet Food, which develops climate-smart dog treats, is buying Bright Planet Pet. Listen for more below:
https://serve.castfire.com/audio/7553185/7553185_2025-07-31-221425.64kmono.mp3
Recent Posts
Wintrust Business Lunch
Job growth, Gemini 3, Addison Business Exchange
.cls-7{fill:#fff;fill-rule:evenodd}
Terry Savage: Big ‘ifs’ hanging over the market
.cls-7{fill:#fff;fill-rule:evenodd}
Market drop, tariff rollback, Thanksgiving spending
.cls-7{fill:#fff;fill-rule:evenodd}
Home values, property tax jump, Chicago conventions
.cls-7{fill:#fff;fill-rule:evenodd}
Retirement planning, property taxes, zoom towns
.cls-7{fill:#fff;fill-rule:evenodd}
Click for more
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