The Bears announced that they paid $197.2 million for the 326\u002Dacre plot.
Soldier Field on Chicago’s lakefront has been the Bears’ home since 1971. The team played at Wrigley Field from 1921 to 1970, and if a new stadium is constructed, the franchise would have its name on the mortgage for the first time since arriving in Chicago.
“The Bears will continue to work closely alongside the Village of Arlington Heights, surrounding municipalities and their residents to solicit extensive feedback on how we can best benefit local communities and Bears fans across Illinois,” the statement said. “This planning will include a robust diversity, equity and inclusion program that prioritizes local hiring throughout every stage of the development.
The Bears plan to pay for their stadium, but want taxpayer dollars to cover infrastructure costs such as roads and sewers.Article content It will be up to new president and CEO Kevin Warren to help the Bears’ vision for a new home become a reality. He was hired last month after spending three years as commissioner of the Big Ten.
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