Tribune Media Co. is seeking a partner to help redevelop some property along the Chicago River near the Freedom Center.
Tribune Real Estate Holdings LLC, a Tribune Media subsidiary, announced Tuesday it intends to redevelop more than seven acres at 700 W. Chicago Ave.
“This is a fabulous opportunity to redevelop an underutilized piece of land with excellent river frontage at the junction of River North and the West Loop,” said Murray McQueen, president of Tribune Real Estate.
The property includes a now-vacant industrial plant used as part of its newspaper printing operation. The company stopped using the insertion plant in 2012.
Tribune Media owns television and digital properties, including WGN.