As the Chicago Bears pursue the possibility of leaving Soldier Field to build a new stadium in Arlington Heights, what might that look like? And who will end up footing the bill? If you were looking to find a parallel to what the team is hoping to create, perhaps the best comparison is SoFi Stadium, the two-year-old home of the Los Angeles Rams and LA Chargers.
Like the site the Bears are eyeing in Arlington Heights, SoFi Stadium was built on roughly 300 acres once occupied by a shuttered racetrack, Hollywood Park. And as is the Bears’ announced intention, the California development features a performance venue, future retail space, and over 2,000 new residential units.
Inglewood Mayor James Butts says his city will eventually put in about $250 million worth of infrastructure for the Hollywood Park development. But Kroenke paid for it up front and the city will not have to pay it back until substantial tax revenues start to roll in. Hayes said his community is prepared to discuss funding for infrastructure like roads and sewers – but nothing else.
The Bears do not have Kroenke money, so don’t expect a $5 billion wonder in Arlington Heights. In fact, even the Rams say you shouldn’t, advising the McCaskeys not to build a stadium mirroring theirs – but rather, one that Bears fans can call home.
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