Governor Pritzker provides an update on a proposed megaprojects bill aimed at securing a new domed stadium for the Chicago Bears in Arlington Heights.
Governor J.B. Pritzker is navigating final legislative negotiations ahead of the May 31 adjournment deadline regarding a "megaprojects" bill. The legislation is intended to facilitate the construction of a new domed stadium for the Chicago Bears in Arlington Heights, Illinois, amid ongoing discussions to keep the franchise within the state rather than relocating to Hammond, Indiana.
Officials issued a tower crane permit for the $750 million, 22,000-seat McDonald’s Park stadium in Chicago’s The 78 development.
Cook County Treasurer Maria Pappas warns that potential property tax breaks for a proposed Chicago Bears stadium could cost taxpayers over $1.5 billion over 40 years.
Proposed Illinois legislation could grant the Chicago Bears a $39 million annual property tax break for a new $2 billion stadium in Arlington Heights.
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