enn ial ▁( 1 9 9 2 ), ▁T in ley ▁Park ▁from ▁the ▁late ▁ 2 0 th ▁century ▁to ▁the ▁present ▁has ▁been ▁focused ▁on ▁renov ation ▁of ▁its ▁dow nt own ▁historic ▁district . ▁The ▁historic ▁district ▁is ▁made ▁up ▁of ▁the ▁village ' s ▁original ▁ 1 8 9 2 ▁boundaries . ▁In ▁this ▁district , ▁land own ers ▁are ▁encourag ed ▁to ▁maintain ▁the ▁historic ▁edific es ▁or ▁to ▁create ▁new , ▁histor ically ▁friendly ▁fac ades ▁for ▁otherwise ▁non - histor ic ▁buildings ▁built ▁in ▁the ▁last ▁ 3 0 ▁years . ▁ ▁Dow nt own ▁renov ation ▁projects ▁include ▁the ▁creation ▁of ▁a ▁park ▁near ▁the ▁Oak ▁Park ▁Avenue ▁Met ra ▁train ▁station , ▁as ▁well ▁as ▁the ▁recent ▁South ▁Street ▁Project , ▁a ▁mult im ill ion - d ollar ▁project ▁that ▁will ▁create ▁more ▁than ▁ 2 2 0 ▁apart ments ▁and ▁ ▁of ▁commercial ▁ret ail ▁space . ▁ ▁The ▁Hollywood ▁Cas ino ▁Am ph it he atre ▁( former ly ▁named ▁" The ▁World ▁Music ▁Theater ", ▁" T we eter ▁Center ▁Chicago ", ▁and ▁until ▁ 2 0 1 5 , ▁" First ▁Mid west ▁Bank ▁Am ph it he atre "), ▁an ▁out door ▁ven ue ▁which ▁seats ▁ 2 8 , 0 0 0 , ▁is ▁located ▁in ▁T in ley ▁Park . ▁ ▁T in ley ▁Park ▁was ▁the ▁site ▁of ▁the ▁T in ley ▁Park ▁L ights , ▁an ▁anom alous ▁multiple ▁mass ▁U FO ▁sight ing