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Development Watch: DePaul B-Ball

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Just days ago, we brought you news that DePaul University was looking to relocate its basketball team to the United Center. In a strange turn of events, Crain's is now reporting that DePaul, at the behest of Mayor Rahm Emanuel, is also considering a site near McCormick Place as a future home for its new arena, which would hold around 12,000 seats. DePaul has confirmed that negotiations are in the works with McPier, owner and operater McCormick Place. Emanuel is pushing the Near South Side location because he'd like to see more activity around the convention center. More as this story evolves! [Crain's, previously Photo: Eric Kilby]