Chicago Bears plan $2B+ lakefront stadium near Soldier Field, investing in private funds to boost economy and address preservation concerns.
The Chicago Bears football team is focusing on constructing a new $2B+ lakefront stadium near Soldier Field's existing location on Lake Michigan, instead of moving to the suburbs. The team plans to invest over $2B in private funds for the project, which is expected to boost the economy, create jobs, and generate millions in tax revenue. The new stadium plans aim to address concerns from preservation group Friends of the Parks, who previously opposed the team's construction of any new stadium project on Museum Campus. The Bears plan to demolish Soldier Field, aside from its colonnades, once the new stadium is opened, potentially giving Chicago a chance at hosting a Super Bowl.