WEST LOOP — Hubbard Street Dance in the West Loop may be looking for a new home.
The world-renowned dance studio has hired real estate advisors Holliday Fenoglio Fowler to explore alternatives to its current home, located at 1147 W. Jackson Blvd. in the red-hot West Loop.
Hubbard Street is currently exploring "multiple options" to accommodate the company's growth and create room for future expansion, Sara Albrecht, chair of Hubbard Street's Board of Directors, said in statement.
“[Hubbard Street's] strength has always been its willingness to evolve continuously in response to the dynamic field of contemporary dance," Albrecht said. "Multiple options are available to us as we look toward Hubbard Street’s promising future, and still more will be identified and clarified through this assessment process."
Hubbard Street has no immediate plans to sell the current Hubbard Street Dance Center, spokesman Zachary Whittenburg wrote in an e-mail.
The 53,000-square-foot Hubbard Street Dance Center is located at Jackson and Racine near the Dan Ryan/Eisenhower interchange, the University of Illinois at Chicago.
The dance group has been located at the Jackson center since 1998.
Founded in 1974 as a public facility for dance classes and later forming a professional ensemble in 1977, Hubbard Street is now one of the city's great cultural institutions. The dance studio employs a company of 18 world-renowned dancers and offers more than 70 classes per week to dancers of all abilities through the Lou Conte Dance Studio.
Hubbard Street Dance also offers programs that engage kids from Chicago Public Schools, people with Parkinson's Disease and children on the autism spectrum.
Holliday Fenoglio Fowler senior managing directors Jeff Bramson and Jaime Fink, managing director Danny Kaufman and director Amy Sands are representing Hubbard Street.
Hubbard Street Dance is located at 1147 W. Jackson Blvd. in the West Loop. [Hubbard Street Dance Chicago]
For more neighborhood news, listen to DNAinfo Radio here.
