Chicago Bears Announce Plans for New Publicly-Owned Stadium on Museum Campus

The Chicago Bears have revealed their intention to construct a new publicly-owned domed stadium on Museum Campus, adjacent to Soldier Field on the vibrant lakefront of the city, a source familiar with the plan disclosed. This shift in strategy marks a significant turn from the team’s previous focus on building a stadium in Arlington Heights, with the Bears now planning to invest more than $2 billion in private funding into the project.

The new stadium development project aims to not only provide a state-of-the-art sports venue but also increase public open spaces in the vicinity by 20%. The proposed enhancements include plazas, pathways, landscaped areas, lakefront access, and other amenities. This move appears to be a response to the concerns raised by the preservation group Friends of the Parks, which has opposed previous development plans in the area.

A recent survey, cited by a source familiar with the Bears’ plan, indicated that 66% of Chicago residents prefer a Museum Campus stadium over a suburban relocation. The Bears, known for their rich history in the city, seem determined to forge ahead with this urban development instead of pursuing their earlier plans in Arlington Heights. This decision signals a shift in their approach towards engaging with the local community and preserving their legacy within the city.

Declaring their commitment to fostering public engagement and community benefit, Bears team president and CEO Kevin Warren affirmed the team’s dedication to investing over $2 billion in constructing the stadium and enhancing shared spaces for families, fans, and the general public to enjoy in Chicago. The new stadium project is envisioned to serve as a transformative hub, driving economic growth, job creation, hosting major events, and contributing significantly to tax revenues.

Reacting to the Bears’ revised plan, Chicago Mayor Brandon Johnson expressed optimism and support for the team’s decision to remain in the city and invest in a new stadium venture. Acknowledging the significance of private investment and public benefit, Mayor Johnson lauded the Bears’ initiative as a step towards bolstering Chicago’s economic landscape and fostering community development.

As discussions progress around the proposed Museum Campus stadium, the total cost of the development and the funding sources remain key points of consideration. Recent legislative directives have urged collaboration between the Bears and the Illinois Sport Facilities Authority, signaling a potential partnership for state funding. However, Governor J.B. Pritzker has indicated reservations about substantial public funding for stadium projects, emphasizing the need for a clear return on investment for taxpayers.

The Bears’ decision to pivot towards a city-centred stadium project follows a series of developments, including a property tax dispute with the Cook County Board of Review and the acquisition of the Arlington International Racecourse site in Arlington Heights. The team’s renewed focus on Chicago reflects a broader commitment to enhancing public spaces, fostering economic growth, and preserving their storied legacy within the city.