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Local News

Madison Theater gets another chance at life

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The Kim Group is set to acquire the Madison Theatre in Peoria and the adjacent city-owned parking lot at Madison and Hamilton. The local developer will lead the Architectural, Engineering and Construction team in working with the city to negotiate a plan for the parking lot. The goal is to build a structure capable of housing, retail, office and living spaces on the property. The group also plans to renovate the Madison Theater.