Scholarship table
Still blows my mind this project has moved along as much as it has. A new arena...for DePaul???? A bizarre use of public funds...especially with the UC sitting right there.But hey, when you can spend about $150 million taxpayer dollars on a new arena for a doormat college team, ya just gotta do it.
Not yet enough bribes, graft and corruption for this project to move forward.
Wow, I'm very concerned for Benny. Being able to mimic Myron Medcalf's writing so closely implies an oncoming case of dementia.
The arena isn't about DePaul. It is all about the casino they plan to build. The need an arena to attract entertainment options alongside the gambling.
The $7.2 million design contract went to Pelli Clarke Pelli last fall thanks in part to its plan to sink its basketball court below ground, appeasing concerns from 3rd Ward residents that the building not be too obtrusive. ...McPier has projected that DePaul men's basketball games in the new venue will roughly triple in attendance compared to the crowds they've seen at Allstate Arena in suburban Rosemont in recent years.
It's not about a casino, there is no casino in the works, just endless talk about it.It's going to be part of the McCormick center complex to attract large conventions. Shall we count the number of contractors and political donors that have gone to prison that were involved in the building of McCormick Center (and it additions)?
You're wrong. It's about the casino.
Ok, what Casino? Where is it going to be located? DePaul wants to open in the new Arena in 2016. For this to happen, McPier needs to award the new Arena constriction contract NOW! So unless this casino gets announced Friday, Depaul is going to have to wait years beyond 2016 if the hold-up is a Casino deal.
So they are already predicting that the cost will go 75% over the original budget:http://www.chicagobusiness.com/article/20141118/BLOGS04/141119802/cost-soaring-for-proposed-depaul-arena?X-IgnoreUserAgent=1I am SHOCKED! SHOCKED, I TELL YOU! How could something like this happen in Chicago?
Chicago.....definitely not limited to Chicago. I wish I could be wrong by the breadth that gubmit accountant and finance people are. I get about 0.5% in my forecasting swag before my head is torn off.
But Chicago has turned it into an art form. Right now I work across the street from Millennium Park. Original estimate to build: $150 million. Final cost: $475 million. Oh, and it opened 4 years behind schedule.It's nice and all, but I doubt anyone outside the former Daley administration looks at it and says, "Oh, yeah; totally worth a half-billion dollars."
For a park? Grass and stuff?
Well, it includes The Bean, and those fountains that look like people spitting, but still...
$100 million for he grass, bean and fountains...and $375 million for the mayor's "friends." Seems reasonable to me.