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Thread: New Arena for DePaul

  1. #11
    There must be more for the city to kick in that much money. My guess is the stadium is part of an effort to gain additional convention business or something of that nature, so while DePaul will be a main tenant and help pay for it, I'd think Chicago has big plans for use beyond just basketball.

  2. #12
    Quote Originally Posted by TedBaxter View Post
    I was using Google map and using my fingers to do the scaling, so you are more accurate.
    You must have big fingers. You know what they say about a man who has big fingers? They need big gloves.

  3. #13
    Quote Originally Posted by Jim Ganzer, "IWB" View Post
    The United Center has got to be closer to campus, and won't cost $300 mil. I don't know which is easier to get to from the El, but why are they so against the United Center?
    For the United Center, they would take the Red Line train at Fullerton heading south (right in the middle of campus) and switch to the Blue Line at Jackson (about a 15 minute ride) and then west to the Medical Center stop - about a 10 minute ride or so - about a 25-30 minute ride total plus the wait for the train after switching trains.

    As far as near McCormick there is no train that goes real near McCormick - might have to go the bus route - either via CTA or their own busses - still kind of clunky, but better than the Rosemont. Like someone else said, I think the lack of open dates may have been the big concern that makes the United Center a no go.
    Last edited by CaribouJim; 05-13-2013 at 04:30 PM.

  4. #14
    Quote Originally Posted by CaribouJim View Post
    For the United Center, they would take the Red Line train at Fullerton heading south (right in the middle of campus) and switch to the Blue Line at Jackson (about a 15 minute ride) and then west to the Medical Center stop - about a 10 minute ride or so - about a 25-30 minute ride total plus the wait for the train after switching trains.

    As far as near McCormick there is no train that goes real near McCormick - might have to go the bus route - either via CTA or their own busses - still kind of clunky, but better than the Rosemont. Like someone else said, I think the lack of open dates may have been the big concern that makes the United Center a no go.

    I thought I read sometime that part of this cost is getting a green line CTA station built at State and Cemak, which is just about four or five blocks away.

  5. #15
    Quote Originally Posted by MUMac View Post
    You must have big fingers. You know what they say about a man who has big fingers? They need big gloves.
    Wishful think Mac, wishful thinking.

  6. #16
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    Quote Originally Posted by Jim Ganzer, "IWB" View Post
    Has anyone ever seen a city put up $100 mil to build a facility for a private institution? That's pretty wild.

    Also says DePaul will commit to $100 mil. Really? Which also means they think they will get $100 mil for naming rights. Really?

    Interesting that they would spend $300 mil rather than play at the United Center. The United Center has got to be closer to campus, and won't cost $300 mil. I don't know which is easier to get to from the El, but why are they so against the United Center?
    Can't imagine taxpayers footing the bill for a new MU arena. Does MU have to pay rent at the Bradley Center? Because 10 years of free rent sounds like a pretty good deal to me for DePaul.

  7. #17
    For something like this, it is hard to determine initially who is paying for what. The arena itself isn't going to cost $300M. That likely includes improvements to the site that will be beneficial to the entire project including the hotels, etc.. The City of LA did something similar when USC built their arena, and they paid for it with an arena parking tax.

  8. #18
    Quote Originally Posted by TheSultan View Post
    I thought I read sometime that part of this cost is getting a green line CTA station built at State and Cemak, which is just about four or five blocks away.
    That I haven't heard. If that was the case that should be manageable.

  9. #19
    Quote Originally Posted by TheSultan View Post
    The arena itself isn't going to cost $300M.
    In Chicago it could cost a hundy-mil just to buy the property.
    "When March Madness spills into April.... that's the gravy!" - Homer Simpson

  10. #20
    I hope it works for DePaul. I can't believe they passed up to play for FREE at the United Center.

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