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BREAKING: Bears Close on Arlington Heights Property

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Joseph
February 16, 2023  (8:51)
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Well, the time is here. The Bears have officially closed on the 326-acre Arlington Park Property. They placed a purchase agreement in September 2021, this is the first step towards a domed stadium.

Although the purchase does not mean that the land will be developed, it is still a big step in the Bear's changing locations. They still have to finance the stadium, something the Bears and the city of Chicago have been going back and forth on for some time now.

The Bears haven't been outside of the city limits since leaving Decatur in 1920, playing at Wrigley from 1921- 1970 before moving to Soldier Field. I for one am saddened at the idea of the Bears not being inside of the Chicago city limits, although I understand the reasoning, thinking of the demolition of Soldier Field doesn't sit right with me.

The Village of Arlington Heights released this post about the acquisition.

«The Village of Arlington Heights is very excited about this unique opportunity and appreciative that the CBFC has chosen to make such a major investment in our community. However, we have an obligation to ensure that any project proposed will be in the best interests of our residents before any approvals are granted. Over the coming months and years, we look forward to working with the CBFC, our residents, and all other stakeholders in an open and transparent manner, while we work to explore the potential opportunities this development could bring to our region. Our goal is to work together to create a new regional destination befitting of the great legacy of the property.»

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