Chicago Bears Reach Tentative Agreement For New Stadium In Arlington Heights

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Chicago Bears Reach Tentative Agreement For New Stadium In Arlington Heights
Chicago BearsNew StadiumArlington Heights
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The Chicago Bears have reached a tentative agreement with three school districts in Arlington Heights regarding a long-standing property tax dispute, paving the way for potential stadium development. However, the team remains committed to building a $2 billion, publicly-owned stadium on Chicago's lakefront.

Chicago Bears have reportedly made progress in their plans to build a new stadium in Arlington Heights , after reaching a tentative agreement with three local school districts regarding a property tax dispute . This dispute had previously hindered the team's plans to construct a new stadium on the former site of the Arlington Heights racetrack. However, the team maintains its commitment to building a publicly-owned stadium on Chicago's lakefront, with an estimated investment of over $2 billion.

The Bears have also expressed interest in potentially developing the Bronzeville area. They purchased 326 acres of land in Arlington Heights for $197 million in 2023, and although they have been seeking public funding, they have not yet received support from Illinois state government

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Chicago Bears New Stadium Arlington Heights Property Tax Dispute Publicly Owned Stadium Lakefront Development

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