McPier Board Set to Vote On DePaul Arena

The price tag for the new DePaul University arena slated to be built on the near south side appears to be growing dramatically -- as much as 75 percent more than the original estimate. The board overseeing the project is set to vote on the contract Tuesday morning, and a spokesperson has said the venue will not cost as much as some sources have warned. We hear from Crain's Chicago Business reporter Danny Ecker.

View a slideshow of arena renderings.

Below, a map of the proposed site.