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2mo ago

Chicago Bears Prioritize Arlington Heights for New Stadium Development

The team confirmed its focus on a 326-acre site in Arlington Heights, contingent on state legislation and local agreements to advance the $5 billion mixed-use project.

A digital billboard advertising the Chicago Bears sits near the practice track of the former Arlington International Racetrack near Route 53 and Northwest Highway on June 25, 2024, in Arlington Heights. (Stacey Wescott/Chicago Tribune)
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Overview

  • The Bears announced they are prioritizing Arlington Heights for their new stadium, shifting focus from previous lakefront plans in Chicago.
  • The proposed development includes a domed stadium and a mixed-use entertainment district on the 326-acre site purchased for $197.2 million in 2023.
  • The project hinges on state legislation to enable negotiated financing and agreements with local taxing bodies on property taxes and infrastructure funding.
  • Arlington Heights officials have resumed economic and traffic impact studies for the site, with preliminary drafts under review by village consultants.
  • Chicago Mayor Brandon Johnson has reiterated that the city remains open to negotiations to retain the team, despite the Bears' current focus on the suburbs.