Results tagged “rosemont”

A professional sports team is leaving its city digs for a spot in the suburbs. No, don't worry, the Bears aren't going to start playing at Ryan Field. Chicago's WNBA team, the Chicago Sky, is packing up and leaving the UIC Pavilion, their current home, and relocating to the Allstate Arena in Rosemont starting with the 2010 season. Why? The team itself says it's all about growing. Sky President and CEO Margaret Stender said in a statement, “The Sky has developed from an expansion team into one of the WNBA’s most formidable teams with fabulous young talent and a very bright future. The Allstate Arena is a great choice for our team and our fans as we enter our next stage of growth. The central location and benefits of our new home will help our Sky family continue to expand."

Stephens claims that the check was deposited in error, the money has been returned, and that "to keep throwing this stuff up is ridiculous."

While companies are putting together bids for Des Plaines, Rosemont and Waukegan for the state's final casino license, they're finding themselves hampered by the struggling economy. Bill Eadington, director of a gambling institute at the University of Nevada-Reno, recently told the Trib, "It's very bad timing for Illinois. We're facing the biggest economic recession in 75 years. I wouldn't be surprised if the companies that made bids a couple months ago could no longer justify them." Casino giants like Harrah's are having to scale back or scrap plans for new casinos altogether.

The finalists are Trilliant Gaming, a Los Angeles-based venture that has teamed up with Rosemont and submitted the high bid of $435 million. The next highest offer is $225 million from Waukegan Gaming. A distant third at $100 million is Midwest Gaming & Entertainment, billionaire developer Neil Bluhm's group, who wants to open in Des Plaines. Those figures don't include the cost of building the casino, which could be in the hundreds of millions, making it tougher to turn a profit.

Continue reading "Casino Bids Hampered By Economy"

To quilters, crafters, voyeurs, whatever: the International Quilt Festival has landed in Rosemont for the weekend. The Donald E. Stevens Convention Center is bustling with activity at this very moment, as the festival previewed last night and was officially opened this morning. The festival is actually not just for quilters, but other textile artists as well; the theory being that those who are crafty in one capacity will be interested by another.