Results for: Soldier Field

The Chicago Bears and Mayor Brandon Johnson presented a plan for a new $5 billion domed stadium on the lakefront, but the proposal was met with skepticism from state officials. Governor J.B. Pritzker, House Speaker Emanuel “Chris” Welch, and Senate President Don Harmon expressed concerns about the lack of support for the project and the significant public financing it would require. The Bears are requesting $900 million in new state debt for the stadium, as well as an additional $1.5 billion in unspecified “infrastructure” funding for Soldier Field. The plan also includes refinancing existing debt and borrowing $150 million to cover future shortfalls in hotel tax revenue. While Mayor Johnson supports the plan, the Bears will need to convince state lawmakers and the governor of its feasibility and economic benefits.

The Chicago Bears have unveiled plans for a new lakefront stadium, highlighting the historic Soldier Field colonnades and promising no new taxes for the project. The stadium, expected to be completed by the 2028 season, would host Super Bowls, Final Fours, and concerts, while also providing 20% more open space. However, Governor J.B. Pritzker expressed skepticism about the funding for the project, which is estimated to cost at least $1 billion in public funds.

The Chicago Bears have unveiled plans for a new lakefront stadium, located just steps away from their current home at Soldier Field. The fully enclosed, 77,000-seat stadium would be built on the site of the current South parking lot and would include 14 acres of sports fields, park spaces, and public green space. The Bears are committed to contributing $2B toward the project, with the remaining $2.6B coming from public funding. While Mayor Brandon Johnson supports the plan, Governor J.B. Pritzker remains skeptical.

The Chicago Bears have unveiled more detailed plans to construct a new domed stadium and community gathering place on the shores of Lake Michigan, adjacent to the historic Soldier Field. The development, estimated to cost $4.6 billion, includes 14 acres of athletic fields, a winter ice-skating rink, and potential amenities like a sports museum and public hotel. The project is expected to create thousands of jobs and provide ongoing economic benefits to the city.

Illinois Governor J.B. Pritzker has expressed skepticism over the Bears’ proposal for a new stadium, saying that he does not believe taxpayers should foot the bill. The team is seeking $2 billion in public funding for the $4.6 billion project, which includes both the stadium itself and infrastructure upgrades. Pritzker said that there are a lot of other priorities that the state has, and he is not sure that this is among the highest priorities for taxpayers. The governor also expressed skepticism of a similar proposal from the Chicago White Sox. He said that owners of these private businesses need to put a lot more forward in order to have their dreams fulfilled and not just rely on the taxpayers of Illinois.

The Chicago Bears have announced plans to invest $2.3 billion in a new state-of-the-art enclosed stadium adjacent to Lake Michigan. The stadium, estimated to cost around $4.7 billion, will have a retractable roof and provide a world-class destination for entertainment and sports events. The Bears hope to obtain $900 million in public funding and a $300 million NFL loan, while taxpayers will cover infrastructure improvements. The team emphasized that the stadium will not increase taxes for residents. The stadium will include 14 acres of athletic fields and recreational park space, and the iconic Soldier Field columns will be preserved at the new site.

The Chicago Bears have unveiled a grand plan to transform the city’s lakefront with a new $5 billion enclosed stadium adjacent to Soldier Field. The proposal encompasses not only the $3.2 billion stadium but also an additional $1.5 billion in infrastructure. The team, along with city officials, anticipates significant economic benefits and improved access to the Museum Campus. However, the project hinges on securing public funding, with the team requesting assistance for infrastructure costs. Despite skepticism from state leaders, Mayor Johnson has expressed support, emphasizing the plan’s alignment with Chicago’s long-standing commitment to architectural excellence and public benefit.

Plans for a new Chicago Bears stadium have emerged, promising a modern and immersive experience with a translucent roof, a redeveloped museum campus, and significant infrastructure improvements. The ambitious project aims to enhance the lakefront while retaining the iconic Soldier Field colonnades. However, concerns linger over the potential use of public funding, as economic experts caution against the overestimation of economic benefits from such projects.

The Chicago Bears have unveiled plans for a new state-of-the-art stadium on the city’s lakefront, aiming to replace Soldier Field with a modern venue capable of hosting major sporting events. However, the proposal has sparked concerns over public funding, with sources indicating the project could cost $4.6 billion, with the Bears requesting $2.3 billion in public financing. City and state officials have expressed reluctance to provide taxpayer funds, while the advocacy group Friends of the Parks remains opposed to development on the lakefront. Despite these challenges, the Bears remain committed to building a new stadium in Chicago, with the Arlington Park property still a potential alternative.

The Chicago Bears have released the initial designs for their proposed new stadium, which is projected to cost between $2.5 billion and $3 billion. The enclosed stadium, located just south of Soldier Field, will be a transformative project that aims to boost the economy, create jobs, and generate millions in tax revenue. The Bears will pledge $2 billion towards the project, but no deal is yet in place with the city or state for the remaining funding.