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Chicago & Midwest  + Downtown  + Hospitality  | 

Blackhawks Strike Deal for Fifth Third Arena Expansion

The Chicago Blackhawks have struck a deal with Rush University Medical Center to acquire a seven-acre site next to the team’s Fifth Third Arena hockey facility, where the team plans to build a $65-million, two-rink expansion of its Near West Side hockey venue, reported Crain’s Chicago Business

The land sale agreement would spur a 135,000-square-foot development to double the size of the Hawks’ hockey complex on the block and add a new venue for the team and youth hockey players near the United Center. 

Under the plan, the Blackhawks would pay $23.5 million for the site at 303 S. Damen Ave., immediately west of the existing Fifth Third Arena that opened in 2017. The deal needs the City Council’s sign-off because it changes the redevelopment plan the city agreed to in 2015, when it sold part of the former Malcolm X College property to Rush and the remainder to the Blackhawks. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).