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From today's Business Journal:

"Biondi said the university expects to make an announcement on the arena in the next three weeks concerning its location and construction timetable. The university had planned to build the arena on an 11-acre site in Grand Center across from a university parking garage, but Biondi said that effort looks like less of a possibility. Earlier this month, SLU purchased the Warning Schol at 25 S. Compton Ave., south of the school's athletic fields, for $1.25 million. That location has been rumored as a possible alternative site for the arena."

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