The old Malcom X College will be demolished to make way for a new Blackhawks practice facility after the Chicago City Council approved four acres of land Wednesday, reports Chicago Sun Times' Fran Spielman.
The Blackhawks and Rush University Medical Center will pay $26.7 million for the 11-acre site at 1900 W. Van Buren Ave. Spielman notes Rush will build a $500 million for a "academic village" on seven acres.
City Hall expects to spend $8 million to demolish the old Malcolm X and prepare the site for construction, leaving Chicago taxpayers with a net profit of $16.