The Chicago Bears said on Friday that the Arlington Heights land they already paid $197.2 million for, for a new stadium, is 'no longer our singular focus.'
said Friday they are thinking about abandoning their current plan to build a new stadium in nearby Arlington Heights and are considering looking at other locations.The Bears are citing a property assessment they said is too high, so the area is"no longer our singular focus.
"The stadium-based project remains broadly popular in Arlington Heights, Chicagoland and the state. However, the property’s original assessment at five times the 2021 tax value, and the recent settlement with Churchill Downs for 2022 being three times higher, fails to reflect the property is not operational and not commercially viable in its current state.
The city of Chicago proposed last summer enclosing Soldier Field and increasing its capacity from a league-low 61,500, but the Bears repeatedly insisted that the only possibilities they were considering were for the Arlington Heights site. Justin Fields, #1 of the Chicago Bears, warms up before the game against the Washington Commanders at Soldier Field on October 13, 2022, in Chicago, Illinois.
The Bears remain committed to their current lease on Soldier Field, which has been their home since 1974.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kyler Gordon: Chicago Bears corner more comfortable in Year 2With more experience, Chicago Bears cornerback Kyler Gordon has a better understanding of what's going on this offseason — and he's relaxed because of it.
Read more »
Chicago Bears surprise boy paralyzed in Highland Park shootingThere was a special moment during the Chicago Bears practice Wednesday.
Read more »
Jason Sudeikis Reveals Ted Lasso Was Inspired by This Chicago Bears LegendJason Sudeikis revealed the inspiration for his famous Ted Lasso character on a recent episode of the YouTube show “Hot Ones.”
Read more »
Jaylon Johnson: Chicago Bears CB to be at OTAs next weekChicago Bears cornerback Jaylon Johnson plans to attend organized team activities at Halas Hall next week, he told ESPN radio Thursday.
Read more »
Chicago Bears meet with Naperville about plans for new stadiumPlans to build “the largest single development project in Illinois history” are “at risk” in Arlington Heights, the Chicago Bears said in a statement they released Friday in conjunction with their meeting.
Read more »
Chicago Bears Say Arlington Heights Stadium ‘No Longer Our Singular Focus'The Chicago Bears are exploring more options for a suburban stadium following a tax hiccup in Arlington Heights that could see the fall of the proposed stadium in what was once Arlington Park.
Read more »