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The Chicago Bears mentioned Friday they’re fascinated by abandoning their present plan to construct a brand new stadium in close by Arlington Heights and are contemplating taking a look at different places.
This comes regardless of the workforce already shopping for the Arlington Heights land for $197.2 million.
The Bears are citing a property evaluation they mentioned is simply too excessive, so the world is “not our singular focus.”
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A view of the newly renovated Soldier Discipline, the house of the NFL’s Chicago Bears. (JEFF HAYNES/AFP by way of Getty Pictures)
“It’s our accountability to take heed to different municipalities in Chicagoland about potential places that may ship on this transformational alternative for our followers, our membership and the State of Illinois,” the workforce mentioned.
“The stadium-based undertaking stays broadly common in Arlington Heights, Chicagoland and the state. Nevertheless, the property’s authentic evaluation at 5 occasions the 2021 tax worth, and the latest settlement with Churchill Downs for 2022 being 3 times larger, fails to replicate the property just isn’t operational and never commercially viable in its present state.”
A format of the Chicago Bears’ stadium plan at Arlington Park. (Hart Howerton/Chicago Bears)
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The Bears mentioned in September they’d not search public funding for the development of the stadium, however they anticipate to for the encircling “leisure district.”
The Bears envision the entertainment district to incorporate eating places, places of work, a lodge, health heart and extra “that may present appreciable financial advantages to Cook dinner County.”
The town of Chicago proposed final summer season enclosing Soldier Discipline and rising its capability from a league-low 61,500, however the Bears repeatedly insisted that the one potentialities they have been contemplating have been for the Arlington Heights website.
Justin Fields, #1 of the Chicago Bears, warms up earlier than the sport towards the Washington Commanders at Soldier Discipline on October 13, 2022, in Chicago, Illinois. (Quinn Harris/Getty Pictures)
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The Bears stay dedicated to their present lease on Soldier Discipline, which has been their house since 1974.
Fox Information’ Paulina Dedaj and Scott Thompson, and the Related Press, contributed to this report.
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