The Chicago Bears are shifting their plans from building a new stadium in Arlington Heights to helping fund a new stadium in the City of Chicago, the team announced Monday morning.
The Chicago Bears are shifting their plans from building a new stadium in Arlington Heighen.
new lakefront stadium in the parking lot next door, it will likely cost nearly four times that, with the team prepared to offer more than $2 billion in private financing.
“The Chicago Bears are proud to contribute over $2 billion to build a stadium and improve open spaces for all families, fans and the general public to enjoy in the City of Chicago,” Bears president CEO Kevin Warren said.
“The future stadium of the Chicago Bears will bring a transformative opportunity to our region-boosting the economy, creating jobs, facilitating mega events and generating millions in tax revenue. We look forward to sharing more information when our plans are finalized.”
“What I can say is the conversations have been very positive. I appreciate the leadership of Kevin Warren. He’s done an outstanding job,” Johnson said.
