Overview

• Fire owner Joe Mansueto plans to privately fund the roughly $650–$750 million venue with a goal of opening for the 2028 season, pending final city approvals.
• Related Midwest frames the stadium as the anchor of an approximately $8 billion buildout that could include up to 10,000 housing units with about 2,000 designated as affordable, plus retail, parks and riverfront space.
• Major transit elements from the 2019 plan, including a new CTA Red Line station and rail realignment, were dropped as too costly, drawing warnings from planners about game-day capacity and connectivity.
• Residents and groups from Chinatown, Bronzeville, Pilsen and the Near South raised concerns about displacement and limited outreach, with calls for a formal community benefits agreement and further engagement.
• The approval includes a cap of 45 stadium events per year and a requirement to return for review before any second stadium, while early talks continue on revised TIF support for site infrastructure.