Taxpayers may have to foot $100M of bill for new McCormick arena

Taxpayers may have to foot $100M of bill for new McCormick Place stadium

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CHICAGO (FOX 32 News) -

Mayor Emanuel is scheduled to announce a new sports stadium for DePaul University could be coming to McCormick Place.

The mayor plans to announce a new blueprint to build a $300 million area at the popular convention center. The 12,000-seat stadium would be home to the university's sports teams.

Taxpayers could be asked to put up $100 million of the construction cost.

The mayor did not comment on the rumored plan at a Tuesday press conference at the Garfield Park Conservatory.

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