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Mayor Hopes to Transform River Oaks Mall Into Entertainment District With Casino

Like many malls across the country, the numbers of anchor stores and occupied shops at River Oaks Center in Calumet City have declined in recent years.

As a result, the city's mayor has proposed to turn the shopping center into a multi-use entertainment district, which he said could generate upward of $500 million.


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(CHICAGO), August 29th, 2023—O’Rourke LLP client 815 Entertainment, LLC (“815”) has entered into a tax-advantaged sale-leaseback transaction with Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“G

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