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Bears ready to invest $2 billion of private funds for a new stadium by the lake, aiming to replace Soldier Field

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Vince Carbonneau
March 11, 2024  (9:48)
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The prospect of the Chicago Bears remaining in the city has never been more promising. According to Robert McCoppin of the Chicago Tribune, the Bears are gearing up to invest $2 billion in private funding towards a new enclosed stadium, to be publicly owned, along the lakefront. This new venue, situated near Waldron Drive, aims to replace Soldier Field and concurrently expand open space on the museum campus by 20%. It's envisioned as an ideal venue for prestigious events like the Super Bowl and NCAA Final Four.

While this cutting-edge stadium would supplant Soldier Field, the project entails preserving the Soldier Field colonnade as a tribute to veterans. Bears president Kevin Warren heralded the forthcoming stadium as a catalyst for regional transformation, foreseeing economic growth, job creation, and significant tax revenue. Further details will be unveiled as plans are finalized.

Just over a year ago, the Bears acquired the Arlington International Racecourse site with intentions of erecting a new stadium. However, discord over property tax increases has impeded progress, prompting a shift in focus towards a lakefront stadium in Chicago.

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Bears ready to invest $2 billion of private funds for a new stadium by the lake, aiming to replace Soldier Field

Is Soldier Field a good enough stadium for the NFL?

Yes3223.4 %
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