Lollapalooza 1 weekend only in Chicago

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The Jane's Addiction frontman and Lollapalooza cofounder has dusted off his famed music festival for a two-day run in the Windy City this summer.

The downsized Lolla, coming off a 2004 tour scuttled due to poor ticket sales, will take place July 23-24 in the city's Grant Park, organizers announced Friday.

Formerly a touring road show, Lollapalooza has been reincarnated as a two-day music lovers' paradise, not unlike the annual Coachella festival in California.

The Lolla lineup will feature 70-plus acts, including the alt-rock likes of the Killers, the Pixies, Digable Planets, Liz Phair, Weezer, Billy Idol, the Arcade Fire, Kaiser Chiefs, the Bravery, Louis XIV, Death Cab for Cutie and the recently reunited Dinosaur Jr.