Arlington Heights Village Board gives pre-development nod to Chicago Bears proposed stadium plans.
The Arlington Heights Village Board has approved a “pre-development plan” for the Chicago Bears to pursue a stadium on the Arlington Race Track site.
The village’s agreement per the development with the team outlines potential uses for a stadium-anchored mixed-use project at the former Arlington Park as well as public subsidies that could be on the table.
The Bears presented their plans for the property at the former race track site as part of a pre-development agreement to city council members in October.
Arlington Heights Village Board again consider Chicago Bears stadium plan https://t.co/XQpIA9LdSB pic.twitter.com/8RLaMQZFm5
— CBS Chicago (@cbschicago) November 8, 2022
The plan is a non-binding “framework” agreement between the village and the Bears defining how issues like zoning and taxation would be worked out for the proposed project.
It also confirms earlier reports that the Bears will not seek Village assistance to pay for the construction costs of an NFL stadium.
The potential development is a massive undertaking and this meeting presents another step forward by both side.
Bears fans react to the poor defense in loss to Dolphins
Read MoreFor More Great Chicago Sports Content
Get the latest Chicago sports news, analysis, and breaking stories on the Bears, Bulls, Blackhawks, Cubs, White Sox, Sky, and more! Tap the star to add us to your favorites on Google News, so you never miss a story on your favorite Chicago teams.
Follow us on Twitter at @chicitysports23 for more great content. We appreciate you taking time to read our articles. To interact more with our community and keep up to date on the latest in Chicago sports news, JOIN OUR FREE FACEBOOK GROUP by CLICKING HERE
