Overview
- On Thursday, Nov. 12, 2026, Capri Investment Group and GRIT Chicago publicly unveiled a roughly 100-acre, $10 billion Bronzeville Lakefront plan centered on a 75,000-seat domed stadium at the former Michael Reese Hospital site.
- The developers said they would expand the site by adding Prairie Shores and air rights over the McCormick Place marshaling yard and offered to buy the Bears’ Arlington Heights land if that ownership is blocking a city option.
- Developers presented a provisional financing model that mixes private capital, a lease payment from the Bears, refinanced Illinois Sports Facilities Authority bonds and state infrastructure funds, but no final deal or team commitment has been announced.
- The proposal would require demolishing parts of Prairie Shores if the stadium is selected, and developers promised to build 1,500 replacement units, provide five years of tenant protections for many residents, and build replacement housing before removals.
- Supporters cite projected job and tax benefits while critics note unresolved hurdles such as rail safety, transit approvals, neighborhood displacement and the need for state legislative action during the Nov. 17 veto session to enable public financing.