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New DePewl Arena !!!

Posted: Mon May 13, 2013 3:06 pm
by brot4britu
YUCK ! Rahm advises Chgo taxpayers that a new Arena--$300,000,000.00 --will be built for DPU--100 mill taxpayer dollars. I like our way better--PRIVATE funds all. I understand. Now the Demons look to be beholden to Chgo Govt. Sheesh ! Looks to me like a sell-out !!!

Re: New DePewl Arena !!!

Posted: Mon May 13, 2013 3:10 pm
by GoRamblers
Now DePaul can have their 500 fans show up to a $300 million arena.

Seriously, though, I believe $100 million will come from the State, $100 million will come from TIF funds and $100 million is from naming rights. Doesn't matter. The students still won't go to the games there.

Re: New DePewl Arena !!!

Posted: Mon May 13, 2013 3:21 pm
by Rambleon8390
once the novelity wears off they will have the same attendance issues they have now ...

Re: New DePewl Arena !!!

Posted: Mon May 13, 2013 3:26 pm
by ahunte1
I don't get it.

Re: New DePewl Arena !!!

Posted: Mon May 13, 2013 3:55 pm
by Rip Van Ramble
It will be interesting to hear what the mayor plans to do with the arena on the other 340+ non-game days. More convention space? Another theater? A concert venue? Isn't there already the Arie Crown, the Pavillion, the UC, and all the theaters in the theater district all within five miles?

Re: New DePewl Arena !!!

Posted: Mon May 13, 2013 5:51 pm
by GoRamblers
Well, it certainly can ease the congestion problems caused by the circus. Is it possible that the circus moves to this new arena thereby eliminating the circus trip?

Re: New DePewl Arena !!!

Posted: Mon May 13, 2013 6:37 pm
by 01grad
$100 million from the State? Yeah, good luck with that happening, Depaul

Re: New DePewl Arena !!!

Posted: Tue May 14, 2013 1:10 pm
by WIRambler10
Even crazier than $100 million from the state is expecting a $100 million naming rights deal, that's a lot considering Illinois only received $60 million for 30 years from State Farm.

Re: New DePewl Arena !!!

Posted: Tue May 14, 2013 1:21 pm
by ahunte1
Yeah, and I don't understand how a 10-12,000 seat arena costs $300 million. SLU built a similarly sized arena for $80 million.

Re: New DePewl Arena !!!

Posted: Tue May 14, 2013 1:45 pm
by GoRamblers
I imagine it's for the whole project (the hotels, retail space...casino?)