The Bears have been expressing their desire to move away from Soldier Field for some time now, but their plans have been constantly changing. Their most recent plan, set to be revealed on Wednesday, involves staying in Chicago rather than relocating to the suburbs. This new proposal includes building a domed stadium along Chicago’s lakefront.
In a statement released today, the Bears announced that city officials are in agreement with this plan and will be involved in the announcement on Wednesday. However, the team had previously purchased land in Arlington Heights with intentions of building a stadium there. They later reconsidered when faced with higher than expected property taxes.
Now, the team looks to build their new stadium in the city, but details on tax breaks and taxpayer financing remain unclear. This will be a crucial issue for the team to address as they move forward with their stadium project. The Bears have expressed their hope that this new plan will provide them with a stable home for years to come while also benefiting the city of Chicago economically.
