Articles filed under The Sale of Arlington Park
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Bears resume studies for potential redevelopment of Arlington ParkMar 01, 2025 5:07 pm - The Chicago Bears have resumed studies and begun to refine plans for a potential $5 billion redevelopment of the former Arlington Park racetrack site. The team's consultants had paused work due to a property tax dispute, which was resolved through a recent agreement with local school districts.
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Which teams could score under state bill that would ban stadium subsidies for losing teams?Feb 23, 2025 7:41 am - A North Shore lawmaker has proposed a law requiring professional sports teams seeking public funding for stadiums to have winning records. The Bears and White Sox wouldn’t qualify, but some other teams would.
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Bears’ stadium quest took twists and turns in 2024, but Arlington Heights still in playDec 29, 2024 8:55 am - After unveiling plans for a $4.7 billion lakefront stadium complex in Chicago earlier in the year, the Bears reached a property tax agreement in Arlington Heights, keeping suburban relocation hopes alive.
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Internal emails, texts show how Arlington Heights worked with school districts to strike Bears dealDec 21, 2024 1:15 pm - Email and text communications obtained by the Daily Herald reveal the extent of Arlington Heights' efforts to broker a tax deal with schools in hopes of luring the Bears away from the Chicago lakefront.
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School districts approve Arlington Park tax deal with BearsDec 12, 2024 9:54 pm - Three Arlington Heights-area school districts have given stamps of approval to an agreement with the Chicago Bears that resolves a property tax dispute over Arlington Park.
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Arlington Heights board inks deal to lower Bears’ tax bill until stadium construction beginsDec 09, 2024 9:59 pm - The Arlington Heights village board on Monday approved a deal nearly two years in the making that aims to resolve the property tax dispute between the Chicago Bears and three area school districts.
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Bears would pay $3.6 million a year, under proposed Arlington Park property tax settlementDec 05, 2024 6:43 pm - The Chicago Bears would pay $3.6 million in property taxes a year at the sprawling Arlington Park property until construction begins on a stadium, under terms of a proposed agreement released Thursday by Arlington Heights officials.
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Bears reach tentative agreement on Arlington Park property taxesNov 25, 2024 6:10 pm - The Bears have reached a tentative agreement with three Arlington Heights-area school districts over a long-running property tax dispute for the 326-acre Arlington Park property, officials confirmed Monday.
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Bears now considering South Side lakefront site for new stadiumNov 12, 2024 3:08 pm - Determined to stay in Chicago and stymied at their preferred lakefront site, the Bears are at least considering the possibility of building a domed stadium to jump-start development on the old Michael Reese Hospital site south of McCormick Place, sources confirmed Tuesday.
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‘It’s got to be a fair deal’: Arlington Heights legislators open to Bears funding if the team comes back to townOct 26, 2024 2:00 pm - Arlington Heights legislators involved in behind-the-scenes Bears stadium discussions have left open the door to providing some public assistance for redevelopment should the NFL franchise redirect its focus back to Arlington Park.