Image

5:10 PM / Monday February 19, 2018

21 Mar 2014

Oprah Winfrey to sell Harpo Studios in Chicago

  • Facebook
  • Twitter
March 21, 2014 Category: Color Of Money Posted by:

ABOVE PHOTO:  Oprah Winfrey  (AP Photo/Elise Amendola, File)

 

Associated Press

CHICAGO — Oprah Winfrey is selling Harpo Studios in Chicago to a developer, but the studio will remain on the property for another two years.

Winfrey filmed “The Oprah Winfrey Show” at the studio from 1990 to 2011, when she ended the talk show to start the Oprah Winfrey Network on cable.

“We have entered into a purchasing agreement with Sterling Bay for the four-building Harpo Studios campus in Chicago’s West Loop,” Harpo told Crain’s Chicago Business in a statement. “We expect the transaction to be closed in 30 days. The property will be leased back to Harpo for two years and the studio will continue to produce programming for OWN.”

Image

About 200 people work at the 3.5-acre campus, which will sell for about $32 million, Crain’s reported Sunday.

Winfrey first came to Chicago in 1984 to WLS-TV’s morning talk show, “A.M. Chicago.” A month later, the show was No. 1 in the market and renamed “The Oprah Winfrey Show” in 1985.

Winfrey moved to Harpo Studios in 1990 and is credited with transforming the once-gritty industrial area to a neighborhood filled with families and trendy restaurants.

In 2011, then-Chicago Mayor Richard Daley named the street outside Harpo Studios “Oprah Winfrey Way.”

  • Facebook
  • Twitter

Leave a Comment

Recent News

Go With The-Flo

Kylie Jenner revealed that she and boyfriend Travis Scott welcomed a baby girl on February 1

February 9, 2018

ABOVE PHOTO:  Kylie Jenner (Photo: By Sky Cinema / shutterstock) By Florence Anthony Another week. Another cast...

Color Of Money

Growing your business? These three financing mistakes can cost you big

February 9, 2018

ABOVE PHOTO: DR. Nacondus Gamble, owner of The South Eastern Eye Center, an optometry practice in Georgia,...

Food And Beverage

Simple Sheet Pan Suppers

February 9, 2018

ABOVE PHOTO:  Spicy Sheet Pan Roasted Jambalaya Family Features At times, spending hours in the kitchen can...

Seniors

Four tips to prepare for extended power outages

February 9, 2018

BPT In the year 2018, it’s very easy to take your home’s power for granted. You flick...

Health

CDC: 63 children dead from flu, season bad as 2009 swine flu

February 9, 2018

By Mike Stobee NEW YORK (AP) — The flu has further tightened its grip on the U.S....

Horoscopes

SUNscopes for the week of Feb. 11

February 9, 2018

All Signs: This is the last week of the year when the Sun is in Aquarius. A...

The Philadelphia Sunday Sun Staff