The Chicago Bears have filed paperwork to begin demolition of Arlington International Racecourse, marking a significant step in the team's proposed move to Arlington Heights.
Marking a significant step in the Chicago Bears’ proposal to move to Arlington Heights, the team Wednesday filed paperwork to begin demolition of Arlington International Racecourse.
While the demolition is underway, the Bears will be making their case to the county’s Board of Review that the former Arlington Park’s assessed land value is too high. But fearing a whopping property tax bill, the Bears are asking the Board of Review to knock that assessment down to $37.2 million, which the team argues was the land’s appraised value. A hearing is tentatively scheduled for early June.
Removing the building’s heating, air conditioning, electrical, water and other utilities would also reduce maintenance costs. It’s not clear when the structures would be torn down, but if approved by the village, it could happen this year.
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.
‘Touchdown’ group looking to help local businesses and community have win-win with Bears proposed move to Arlington HeightsA new grassroots business group called Touchdown Arlington Heights has emerged in support of the Chicago Bears' redevelopment of Arlington International Racecourse in Arlington Heights.
Read more »
Facing huge tax increase, Bears challenge $197 million assessment of Arlington ParkA recent reassessment of Arlington Park will raise its property taxes more than five times the previous amount, a move that has new owners the Chicago Bears seeking relief through an appeal.
Read more »
NFL Draft grades: Chicago Bears' haul was potentially foundational
Read more »
How to watch new episodes of ‘Chicago Med, Fire, P.D.’ tonight (5/3/23): FREE live streamNew episodes of 'Chicago Med,' 'Chicago Fire' and 'Chicago P.D.' will air on Wednesday, May 3, 2023.
Read more »