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Bears Alter Course, Unveil $2 Billion Stadium Proposal Adjacent to Soldier Field

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Vince Carbonneau
March 12, 2024  (8:23)
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The Chicago Bears are gearing up for a busy offseason, with considerable pressure to strengthen their roster around anticipated No. 1 overall pick Caleb Williams and secure a respectable return for former first-rounder Justin Fields. Concurrently, the franchise is navigating the process of securing a new long-term home, and this objective is taking an intriguing turn.

Reportedly, the Bears are shelving their original plans to build a new stadium in Arlington Heights and are now setting their sights on constructing a publicly owned domed stadium near Soldier Field on Chicago's lakefront, as per ESPN's Courtney Cronin.

While this significant shift isn't entirely unexpected given the lack of progress in negotiations regarding the Bears' property tax bill for the Arlington Heights location, it's a clear acknowledgment of setbacks. The organization likely didn't anticipate such a change after investing nearly $200 million in the 326-acre land and commencing demolition.

The fate of that initial investment remains uncertain, but the team's future home might not stray far from its current one. Pending a smoother approval process, home games could eventually be played in Chicago's Museum Campus area.

Bears president and CEO Kevin Warren expressed pride in contributing over $2 billion toward building a stadium and enhancing open spaces for families, fans, and the public in Chicago. He emphasized the transformative potential of the future stadium, citing economic boosts, job creation, event facilitation, and tax revenue generation.

While the team is financing the stadium's construction with $2 billion in private funds, the public is expected to support a portion of the overall development cost, including public spaces.

Warren and ownership intend to provide more details once plans are finalized. While this pivot may ultimately satisfy fans and benefit the franchise in the long run, it's hoped that this offseason doesn't mirror the Bears' past indecision and initial struggles with stadium endeavors.

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Bears Alter Course, Unveil $2 Billion Stadium Proposal Adjacent to Soldier Field

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