Learn Chicago Bears’ full letter on Arlington Park as attainable stadium plans are revealed

Read Bears’ full letter on Arlington Park stadium as plans unveiled initially appeared on NBC Sports Chicago

The Chicago Bears supplied the primary take a look at their idea plans for his or her potential new house in Arlington Heights, releasing a letter to residents forward of a group assembly to debate their large design.

The Bears launched a new website Tuesday afternoon, detailing their potential plans for what is not going to simply be a brand new stadium however a a lot bigger mixed-use area. The notice incorporates renderings of what such a undertaking would appear like.

“Make no mistake, that is way more than a stadium undertaking,” the letter learn, including that nothing is assured about Soldier Area’s potential transfer.

The assembly, which might be held from 7-9 p.m. Thursday at John Hersey Excessive College in Arlington Heights, will element what an announcement from Bears referred to as “one of many largest growth initiatives in Illinois historical past.” Arlington Heights Mayor Tom Hayes stated neither he nor members of the Arlington Heights Village Board of Administrators might be a part of the group assembly supposed to handle considerations and recommendations from suburban residents.

Learn the total letter and see the renderings under:

In September 2021, the Chicago Bears signed an settlement to amass 326 acres of property in Arlington Heights to safe the potential to start out an thrilling new chapter there. We stay beneath contract to buy the property, however there are situations that should be met so as to have the ability to shut. If we shut the property, it doesn’t assure that we’ll develop it. Whereas beneath contract with the vendor of Arlington Park, we is not going to talk about or discover different different stadium websites or alternatives, together with Soldier Area renovations. A lot stays to be determined, however any resolution might be made in the very best curiosity of the long-term way forward for the Bears, our followers and the Chicagoland group.

If the crew proceeds to buy the Arlington Park property, and if the Bears group then chooses to proceed with the event of the property, the undertaking might be one of many largest growth initiatives within the historical past of the state of Illinois. We envision a flexible leisure district anchored by a brand new, best-in-class gated stadium, offering Chicagoland with a worthy new house to host world occasions such because the Tremendous Bowl, Faculty Soccer Playoffs and Last 4.

Do not get me unsuitable, that is way more than a stadium undertaking. Any growth in Arlington Park will suggest to incorporate a mixed-use leisure, industrial/retail and residential district that can carry vital financial advantages to Prepare dinner County, the encompassing area and the State of Illinois. The long-term undertaking imaginative and prescient for the complete property is a piece in progress, however might embrace: eating places, places of work, a lodge, a health middle, new parks and open areas, and different enhancements for the group to get pleasure from.

Above all, the Bears group is dedicated to making sure that the undertaking serves Prepare dinner County, the Chicagoland group and the individuals of Illinois 12 months a 12 months. If the choice is made to develop Arlington Park, it could generate vital financial advantages commensurate with the size of the undertaking. Development of the proposed undertaking is anticipated to create greater than 48,000 jobs, end in an financial affect of $9.4 billion for Chicagoland, and supply $3.9 billion in labor revenue to employees within the area, whereas the finished undertaking will create greater than 9,750 long-term jobs. , interprets into an annual financial affect of $1.4 billion for Chicagoland and gives $601 million in annual labor revenue to Chicagoland employees. We additionally anticipate the event to generate $16 million in annual tax income along with property taxes for Arlington Heights, $9.8 million for Prepare dinner County and $51.3 million for the State of Illinois. .

Whereas the Bears will not be searching for any public funding for the direct building of the stadium construction, given the long-term public advantages of this undertaking, we sit up for partnering with the assorted authorities businesses to safe funding and assist. extra help wanted to assist the feasibility of the remainder of the event.

We’re taking severe steps to evaluate the distinctive alternative earlier than us. The Bears stay dedicated to Soldier Area and can honor the phrases of its lease. Whereas the prospect of a mixed-use, transit-oriented leisure neighborhood anchored by a brand new gated stadium is thrilling for the Bears and the complete state, a lot work stays to be completed earlier than we will shut the property, after which if we are going to develop it. We sit up for working with key companions and stakeholders from the Chicagoland group and the State of Illinois within the months forward.

The Bears are in receivership for the previous Arlington Racetrack web site, which they signed a $197.2 million buy deal final 12 months. Chairman/CEO Ted Phillips stated in January that he deliberate to shut the bottom by means of the top of this 12 months and presumably even into early 2023.

“Our focus for long-term growth is completely on this property in Arlington Park,” Phillips stated in January.

Hayes stated he expects the Village to interact in a extra in-depth dialogue about its negotiations with the crew later this month. The village council is to satisfy subsequent on Tuesday.

Whereas their present house at Soldier Area is historic, its stature is diminished by its shortcomings in comparison with state-of-the-art NFL stadiums. Soldier Area opened in 1924 and gained Nationwide Historic Landmark standing in 1984 earlier than shedding it in 2006 after renovations left it wanting mismatched, as if a spaceship had landed atop the long-lasting columns.

Almost each stadium within the league far exceeds the comforts and facilities of Soldier Area, and late-season lakeside video games may be brutally chilly. It was extensively assumed that any new stadium can be indoors.

It was additionally problematic for the Bears to lease the stadium from the Chicago Park District quite than proudly owning their very own constructing. This association severely limits what they’ll do with the ability and reduces their revenue.

Soldier Area additionally has the smallest capability within the NFL at round 62,000. There are 13 stadiums that may maintain greater than 70,000 individuals, and most of them are in markets smaller than the Chicago space.

Development of a stadium in Arlington Heights would instantly put the realm in line to host a Tremendous Bowl (at the moment, venues are deliberate by means of the 2025 recreation). The league rewarded each crew that did so with a Tremendous Bowl, even when it is not a part of the common rotation. The Vikings’ US Financial institution Stadium opened in 2016 and hosted the Tremendous Bowl in 2018.

Listed below are the photographs revealed by the Bears

Hart Howerton/Chicago Bears

Hart Howerton/Chicago Bears

Hart Howerton/Chicago Bears

Click here to follow the Under Center podcast.

To obtain

Obtain MyTeams in the present day!

Leave a Comment