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50-539: Wintrust Arena at McCormick Square , previously referred to as DePaul Arena or McCormick Place Events Center , is a 10,387-seat sports venue in the Near South Side community area of Chicago that opened in 2017. It is the current home court for the men's and women's basketball teams of DePaul University and serves as an events center for McCormick Place . It also is the home of the Chicago Sky of

100-462: A "new construction" building permit to McPier on March 23, 2016, for the full building. Previously issued permits allowed the construction of foundations and shear walls. After being referred to as both DePaul Arena and McCormick Place Events Center, MPEA and DePaul announced a 15-year naming rights agreement for the complex with Wintrust Financial under the name Wintrust Arena on November 16, 2016. On July 25, 2017, MPEA announced that it had reached

150-507: A 10,000-seat venue at the corner of Cermak Road and Indiana Avenue and expected to be completed at some time in 2017. At the time, the DePaul Athletics department expected the 2017–18 DePaul Blue Demons to be able to host their season opener at the venue, but the venue was expected to double as an events center for McCormick Place. The Center was expected to create 7,400 construction jobs and 2,500 permanent jobs. The city issued

200-591: A 10-year offer in November 2012 to play rent free at the United Center . Instead, DePaul planned to use Allstate Arena on a recurring one-year basis until it had a new home. On November 16, 2016, DePaul and the Metropolitan Pier and Exposition Authority (MPEA or "McPier") announced that the new event center at McCormick Square would be called Wintrust Arena. The announcement came after the signing of

250-490: A five-year agreement with the Chicago Sky to play their home games at the arena starting with all 17 home games for the 2018 WNBA season after having played the previous eight seasons at Allstate Arena. The arena's first event was a concert by REO Speedwagon on September 25 that was reserved for attendees of the annual convention of the True Value hardware company. The opening ceremony was held on October 14, 2017, with

300-435: A letter of intent that contemplated a definitive 15-year sponsorship agreement between DePaul and Wintrust . At the outset there were two different interpretations of the planned venue. ESPN has interpreted the plan as a 10,000-seat arena with a cost to tax payers of $ 103 million and total cost of $ 175 million. The Chicago Sun-Times has interpreted the plan as a 12,000-seat arena with public funding of $ 125 million out of

350-555: A lightly populated bend of Lake Michigan . It was on one of these trails that the Fort Dearborn Massacre occurred in 1812. This area was first populated by settlers working for the Illinois & Michigan Canal , who subsequently worked in the lumber district. Proximity to the railroads attracted light manufacturing and shops. In 1853, the community was absorbed by the extension of the city limits to 31st Street; in

400-519: A total spend $ 300 million. Before the actual announcement, the arena was publicized by the Chicago Sun-Times as a 12,000-seat arena that would cost $ 300 million. After the announcement, the Chicago Sun-Times reported an expected 12,000-seat venue, but with $ 125 million coming from public funds. Upon announcement, ESPN reported the expected cost of the 10,000-seat arena, located on Cermak Road between Indiana and Prairie Avenue, across

450-466: Is bounded by 14th Street, South Indiana Avenue and townhouse developments. The Grant Park Extension lies east of One Museum Park and South of Roosevelt. The developers donated 1.5 acres (6,100 m ) for one park to the city and developed the other two as part of its approval process. The donated tract protects the northward view of Grant Park. Fairs and exhibitions held on the lakefront sites created demand for an exhibition hall. In 1960, construction

500-415: Is one of the most dynamic of Chicago's communities. It has undergone a metamorphosis from a Native American homeland to a blue collar settlement, to an elite socialite residential district, to a center for vice, to a slum, to a public housing and warehouse district , and finally to the home of a newly gentrified residential district. The Near South Side was initially noted for wagon trails winding through

550-550: Is sometimes imprecise, there is some confusion regarding where the South Loop neighborhood (which incorporates Printer's Row ) begins and ends. Some sources do not define its northern boundary, while defining its southern boundary as Cermak Street (22nd Street) and its western boundary as Canal Street. The Prairie District Neighborhood Alliance , a not-for-profit neighborhood organization, has grown to provide support and representation to thousands of residents living in and around

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600-730: The Arie Crown Theater , and it is the annual location for the Chicago Auto Show . The area includes the Prairie Avenue Historic District (with both the John J. Glessner House and the Henry B. Clarke House ) and the historic (former) R. R. Donnelley & Sons printing company building (which now houses network routers and switches for much of the city). The Glessner House, which is perhaps

650-539: The Chicago Public Schools . The Chicago Tribune revealed that the land for the project had not yet been acquired four days after the City Hall funding vote. On November 16, 2015, Chicago Mayor Rahm Emanuel , officials from DePaul University and McCormick Place attended the ceremonial groundbreaking for the center. At the time of the groundbreaking, the construction was expected to result in

700-636: The John G. Shedd Aquarium were constructed on this newly reclaimed land at this time. Later, Merrill C. Meigs Field Airport was built. Northerly Island connects to the rest of the Museum Campus through a narrow isthmus along Solidarity Drive dominated by Neoclassical sculptures of Kościuszko , Havliček and Nicolaus Copernicus . The newly developed Central Station area includes three park areas. Mark Twain Park lies between South Indiana Avenue and Lake Shore Drive at 15th Place. Daniel Webster Park

750-724: The Prairie District Neighborhood Alliance , a non-profit organization was formed to provide representation for thousands of South Loop residents, including the Prairie District, Central Station and Museum Park, Motor Row, the South Michigan Ave Corridor, as well as other areas of the Near South Side. Lake Shore Drive was reconstructed in 1996 so that it no longer cut through the Museum Campus . Previously,

800-518: The Women's National Basketball Association (WNBA). The arena was announced in May 2013, with construction planned to begin in 2014, and use expected to begin with the 2016–17 season. The start of construction was delayed to November 2015, with completion delayed until the 2017–18 season. Although DePaul had been seeking a new home arena—it had used Allstate Arena in suburban Rosemont since 1980—it rejected

850-486: The 1910s and 1920s. World War I and post World War I Great Migration settlers moved in and created the low-rent "Black Belt". Urban renewal and public housing projects later replaced some of the slums. In the 1940s, some of the city's slums were on the Near South Side. The Century of Progress International Exposition was the name of the World's Fair held on the Near South Side lakefront from 1933 to 1934 to celebrate

900-401: The 1960s, when middle-class housing developments were built in the community area. In 1977, George Halas surrendered 51 acres (210,000 m ) of railyards for redevelopment as Dearborn Park apartments, townhouses and accompanying tree-lined walkways. In 1988, the second phase of Dearborn Park construction began between State St. and Clark St., south of Roosevelt Rd. A housing boom emerged in

950-507: The 1990s and continues to the present day with the construction of many new condominium and apartment towers. Construction of the Central Station development commenced in 1990. This was a mixed-use development on 72 acres (290,000 m ) of former rail yards and air rights east of Indiana Avenue between Roosevelt Road and 18th Street. Simultaneously, loft conversion spread to the warehouses and light manufacturing structures along

1000-777: The Near South Side include Drake School, National Teacher Academy, and South Loop School. Phillips Academy High School is the zoned high school of the Near South Side. Eds. Grossman, James R., Keating, Ann Durkin, and Reiff, Janice L., 2004 The Encyclopedia of Chicago . The University of Chicago Press, ISBN   0-226-31015-9 Wintrust Financial The company provides traditional retail and commercial banking services, as well as wealth management services, commercial and life insurance premium financing, and certain treasury management services such as data processing of payrolls and billings. In 2015 Wintrust began to expand into equipment financing, both directly through its bank branches and indirectly through dealers. Wintrust

1050-652: The Near South Side includes some of Chicago's best-known structures: Soldier Field , home of the NFL 's Chicago Bears ; McCormick Place , Chicago's primary convention center; the Museum Campus , which contains the Field Museum , the Shedd Aquarium , and the Adler Planetarium ; and Northerly Island . The area is currently undergoing a major residential and mixed-use redevelopment. The Near South Side

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1100-723: The South Loop and Near South Side of Chicago, including the Prairie Avenue District, Central Station and Museum Park, Motor Row and the South Michigan Avenue corridor, but the organization does not exclude those that are part of the broader South Loop and Near South Side community. The Greater South Loop Association represents residents living between Congress to the North, the Chicago River to

1150-591: The South Loop). Some primary sources cite Printer's Row and the South Loop as part of the Near South Side community area . This transit-related area is the northern portion of the community area. Saying it is south of the former places it in the Near South Side, while saying it is part of the latter places it in the Loop. The Official City of Chicago Loop Map supports the latter. Residents are zoned to schools in Chicago Public Schools . K-8 schools serving sections of

1200-439: The area. Wintrust Financial continues to expand within its footprint area. In 2018, Wintrust completed its acquisition of Veterans First Mortgage, a Utah-based corporation with approximately 400 employees. In May 2019, Wintrust acquired Rush-Oak Corporation, the parent company of Oak Bank, an Illinois state-chartered bank which had approximately $ 201 million in assets. In October 2019, Wintrust acquired STC Bancshares Corp,

1250-420: The arena to film that week's special Thanksgiving and Black Friday episodes of their weekly television shows AEW Dynamite and AEW Rampage . It has hosted the event from 2021 onwards.<ref "AEW Dynamite #112 - Thanksgiving Eve 2021" . Cagematch.net . Retrieved November 20, 2024 . </ref> On February 5, 2021, the arena hosted a high school basketball game between two of the top-ranked teams in

1300-550: The best known historic structure in this district, is now a museum. William Wallace Kimball 's home was the long time headquarters of the United States Soccer Federation . Formerly, several important residences were located in this region. Additionally, the Fort Dearborn Massacre sculpture was on the property of the George Pullman residence as a tribute to the massacre, which occurred in

1350-495: The city's centennial. The theme of the fair was technological innovation over the century since Chicago's founding. More than 40 million people visited the fair, which symbolized for many hope for Chicago and the nation, then in the midst of the Great Depression . West of Lake Shore Drive , much of the Near South Side, in the middle of the twentieth century, consisted largely of railroad tracks and interchanges until

1400-533: The community area and are all listed on the National Register of Historic Places (NRHP). Raymond M. Hilliard Center Historic District , Motor Row District , and Prairie Avenue District are districts largely within the community area that are also listed on the NRHP. Beginning in the mid-1990s, factories started being replaced with or converted to loft condominiums. The redevelopment continued through

1450-519: The country, #14 Sierra Canyon from Chatsworth, California (21-3) and #19 Glenbard West from Glen Ellyn, Illinois (26-0). A total of nearly 10,000 fans watched the game. Sierra Canyon beat Glenbard West 67-64 on a last second buzzer beater by Dylan Metoyer. From May 12-May 19, 2024, the arena hosted the NBA draft combine . Near South Side, Chicago The Near South Side is a community area of Chicago , Illinois , United States, just south of

1500-590: The downtown central business district, the Loop . The Near South Side's boundaries are as follows: North—Roosevelt Road (1200 S); South—26th Street; West— Chicago River between Roosevelt and 18th Street, Clark Street between 18th Street and Cermak Road, Federal between Cermak Road and the Stevenson Expressway just south of 25th Street, and Clark Street again between the Stevenson and 26th Street; and East— Lake Michigan . Along Lake Shore Drive ,

1550-597: The early 2000s decade. South Loop residential development has expanded to the Dearborn Park neighborhood (between State and Clark Streets South of Roosevelt Road). The new Central Station neighborhood is the site of major mixed use development that includes One Museum Park , One Museum Park West , numerous residential condominiums and luxury townhomes. This development is built on 72 acres (290,000 m ) of former rail yards and air space rights east of Indiana Avenue between Roosevelt Road and 18th Street that include

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1600-459: The event also featuring the season-opening practices for the 2017–18 DePaul men's and women's teams. The first major public event (a concert featuring Bob Dylan and Mavis Staples ) took place on October 27. By that time, the arena had been announced as the host of the Big East women's basketball tournament for 2018–2020. The arena was used for some Junior Basketball Association games for

1650-673: The few named east–west cross streets. Numbering continues southward in Chicago into the upper hundreds at a pace of 8 blocks per mile. The Near South Side community area has supported the Democratic Party in the 2012, 2016, and 2020 presidential elections. In the 2020 presidential election the 4th Ward, which includes the Printer's Row subsection of the community area, cast 26,003 votes for Joe Biden and 1,799 votes for Donald Trump (92.24% to 6.38%). The 3rd Ward, which comprises

1700-428: The former location of the Central Station terminal . Also, a wave of loft conversions in Printer's Row that has spread to major North-South Avenues such as Michigan, Wabash, and Indiana is making them residential streets again in this neighborhood after a century of other uses. The planned development has expanded from 69 to 80 acres (320,000 m ) and includes properties between Michigan and Indiana Avenues. In 2006,

1750-617: The funding of DePaul's athletic facility was controversial because it was announced six days prior to the Board of Education's decision to close 50 public schools due to a $ 1 billion deficit. When the Chicago City Council approved funding on July 24, 2013, the Chicago Reader reported the vote as though money was taken from the schools and spent on the arena because the spending plan included $ 68 million in budget cuts for

1800-723: The inaugural 2018 JBA season , especially some games holding the Chicago Ballers franchise. However, it did not hold the 2018 JBA All-Star Event/Game. The arena housed the primary panel stage for the Star Wars Celebration held in Chicago in 2019. From the stage in the arena, cast and crew revealed first looks at franchise productions including Star Wars: The Rise of Skywalker and The Mandalorian , and featured celebrity guests including Stephen Colbert , J. J. Abrams , Daisy Ridley , Billy Dee Williams , Jon Favreau , and Pedro Pascal . Mayor Lori Lightfoot

1850-472: The major north-south Avenues of Michigan, Indiana, and Wabash, which returned them to residential properties 100 years after the flight of the elite Chicago socialites. Among the prominent buildings are One Museum Park and One Museum Park West along a redeveloped Prairie Avenue . Landfill use created Burnham Park and Northerly Island in the 1920s and 1930s along Lake Michigan . The Field Museum of Natural History , Soldier Field , Adler Planetarium and

1900-482: The majority of the remainder of the Near South Side, cast 25,182 votes for Joe Biden and 2,559 votes for Donald Trump (89.53% to 9.10%). In the 2016 presidential election , the Near South Side cast 9,761 votes for Hillary Clinton and cast 1,425 votes for Donald Trump (83.43% to 12.18%). In the 2012 presidential election , the Near South Side cast 9,252 votes for Barack Obama and cast 2,253 votes for Mitt Romney (79.33% to 19.32%). Because neighborhood line drawing

1950-485: The neighborhood immediately south of "the Loop", yet "the Loop" has multiple meanings. The Loop is a community area bounded by the Chicago River , Lake Michigan and Roosevelt Road. However, the term is also used to refer to the specific area bounded by the circular portion of the Chicago "L" , which goes as far south as Van Buren Street or Congress Avenue (and this is described as the northern border of Printer's Row and

2000-704: The neighborhood. Many of the Prairie Avenue families worship at the historic Second Presbyterian Church on South Michigan Avenue in the heart of the district. Adler Planetarium , R.R. Donnelley and Sons Co. Calumet Plant , Henry B. Clarke House , Coca-Cola Company Building (on Wabash), Field Museum of Natural History , John J. Glessner House , William W. Kimball House , Maxwell-Briscoe Automobile Company Showroom , Quinn Chapel AME Church , Harriet F. Rees House , Reid House , St. Luke's Hospital Complex , Second Presbyterian Church , Shedd Aquarium , Soldier Field , and Wheeler-Kohn House are all located in

2050-624: The northbound lanes ran east of Soldier Field. After reconstruction, both northbound and southbound lanes ran west of Soldier Field. Its northern boundary ( Roosevelt Road ) marks the end of consecutively named east–west streets. East–west streets north of Roosevelt Road have street names, except between State Street and Michigan Avenue . There are two block-long 8th and 11th Streets and a four-block 9th Street. Most streets south of Roosevelt simply use street numbers. Streets in this neighborhood from 13th to 26th are mostly numbered. Cullerton Street (20th Street) and Cermak Road (22nd Street) are two of

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2100-613: The parent company of STC Capital Bank, an Illinois state-chartered bank with approximately $ 275 million in assets. In 2021, the Hinsdale Bank, a Wintrust Bank, opened the Oak Park Bank in what had been a restaurant space in a historic building. The Oak Park Bank built a second location, new facility, in the village. In 2022, Wintrust announced a deal to acquire the U.S. asset management arm of Rothschild & Co , which held around $ 8 billion in assets under management at

2150-568: The same period, the Illinois Central Railroad was built into Chicago. In 1859, a South State Street horse-drawn streetcar line, linking the area to downtown, attracted wealthy families to the area. By the time of the Great Chicago Fire in 1871, it was home to some of the city's finest mansions and most elite social families, and in the 1890s the railroad's Central Station opened at 12th Street. However, by

2200-451: The start of the 20th century, rapid transit evolved and many families moved slightly farther from the Loop business district. The railroads brought warehouses and light manufacturing. Michigan Avenue between 14th Street and 22nd Street became an auto row . The "Levee" vice district of brothels and gambling dens around Cermak Street and State Street prospered until 1912. Burnham Park and several accompanying institutions were built in

2250-474: The street from McCormick Place was $ 173 million. The funding came from three sources: $ 70 million from the university, $ 70 million from a McPier bond fund, and $ 33 million from public taxes (i.e., $ 103 million from public funds). It was built to host concerts, conventions, and other events in addition to DePaul Basketball games. As the building approached completion, its capacity was announced as 10,387 seats for basketball. The decision for public participation in

2300-598: The time. On August 1, 2024, it was announced that Wintrust had completed the merger of its operations with Macatawa Bank Corporation, a company based in Holland, Michigan . Unlike most major U.S. banks, Wintrust's business strategy is to retain the identities of the community banks it acquires rather than rebranding them. However, each community bank uses the tagline, "A Wintrust Community Bank." Wintrust's 15 chartered bank subsidiaries and their respective community banks are: Its major non-bank subsidiaries are: Wintrust

2350-472: The west and the Stevenson Expressway (approximately 25th Street) to the south. South Loop Neighbors serves residents only as far south as "approximately" 15th Street and as far west as the river. Fodor's has its own definition of the South Loop as the area bounded by Cermak, Michigan Avenue , the Chicago River , and Congress Parkway- Eisenhower Expressway . The South Loop is described as

2400-431: Was begun on McCormick Place , a huge exposition and convention complex at 23rd Street and Lake Shore Drive named for newspaper magnate Robert R. McCormick . The original building burned in 1967, and was rebuilt and reopened in 1971 at the behest of mayor Richard J. Daley . Large expansions were added in 1986, 1997 and 2007. The current redevelopment includes greatly expanded hotel accommodation. McCormick Place also houses

2450-519: Was founded by Ed Wehmer. Wintrust was among the recipients of capital from the United States government through the U.S. Treasury's Troubled Asset Relief Program . The bank used the 2008 financial crisis to acquire small troubled banks in the Chicago area, backed by its pre-crisis capital supplemented by TARP funds. This positioned it to become one of the area's largest retail banks by eliminating costs and deepening its geographical footprint in

2500-682: Was inaugurated at the arena on May 20, 2019. On February 14, 2020, the arena hosted the 2020 NBA All-Star Celebrity Game . On February 29, 2020, the arena hosted an All Elite Wrestling (AEW) event, Revolution . In October 2021, Wintrust Arena hosted Games 3 and 4 of the WNBA Finals , during which the Chicago Sky defeated the Phoenix Mercury to capture the team's first championship. Both home games featured sell-out capacity crowds of 10,387. On November 24, 2021, AEW returned to

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