Story by Ted Cox, Paul Biasco and Tanveer Ali, courtesy DNAinfo Chicago:
CHICAGO — A deal is in the works for a 12,000-seat, $300 million arena at McCormick Place for DePaul University, a state source confirmed.
The deal is "a little bit squishy" though it's "moving closer to reality," the source said.
The source said an announcement about the arena, which could host Blue Demons basketball games, should be coming later this week.
DePaul students responded positively to the possibility of an arena in Chicago.