Nov 25, 2024
The Bears say they want to stay in Chicago, but their potential drive to the northwest suburbs just got easier.Team officials announced Monday they’ve reached a tentative agreement with the village of Arlington Heights and local school district leaders who’ve sparred with the Bears over the property tax valuation on the shuttered Arlington International Racecourse, the 326-acre plot the team closed on early last year as a potential new stadium site.After about a year of wrangling over the size of the team’s property tax bill — and a year of political roadblocks to the Bears’ hopes for funding a new stadium in Chicago — the team says it has a memorandum of understanding that opens the runway for them to land in Arlington Heights.But their first choice is still Chicago, team officials insist, raising the constant question of whether the Bears’ latest announcement is a push for leverage in stadium negotiations that have now stretched over three years.In a statement, team officials said they “remain focused on investing over $2 billion to build a publicly owned enclosed stadium on Chicago’s lakefront while reevaluating the feasibility of a development in Bronzeville.”“That being said, we remain significant landowners in Arlington Heights and establishing a framework for potential future development planning, financing and property tax certainty has been a priority since the land was purchased. We continue to have productive conversations with the village and school districts and are aligned on a framework should we choose to explore a potential development,” team officials said.Arlington Heights Mayor Tom Hayes said the property tax deal was not yet signed, noting it requires approval from the boards of the village, Township High School District 214, Palatine-Schaumburg High School District 211 and Palatine Township Elementary District 15.“It’s pretty clear the Bears are still focused on the lakefront, but we’ve always considered Arlington Park and Arlington Heights a strong, if not the best contender, and I’m really optimistic about the progress we’ve made,” Hayes said.A spokesperson for the village and school districts said “we have a common understanding with the team on how to create a framework for potential development, financing, and property tax certainty in Arlington Heights that works for all parties.”Officials declined to say what number the sides landed on. It’s expected to be announced next week.A year after the Bears closed on their $197.2 million purchase, the Cook County Board of Review in February handed the Bears a $124.7 million valuation on Arlington Park, which would result in a property tax hit of about $9 million. Related Bears ‘disappointed’ after Board of Review blocks lower Arlington Heights property tax bill The team argued their case to the Illinois Property Tax Appeal Board, seeking to have the valuation lowered to $60 million, for a $1.7 million tax bill.The three suburban school districts, which are funded by property taxes, intervened in the case with proposals that would set the bill around $5 million.Once all but certain for a suburban move, the stalemate prompted the Bears to shift their focus back toward the Museum Campus, where the team in April unveiled a proposal for a $4.7 billion dome south of Soldier Field.Their plan, which requires upwards of $1 billion in public funding, drew cheers from Chicago Mayor Brandon Johnson — and cold shoulders from state lawmakers in Springfield.The team called an audible from their city stadium playbook earlier this month, and are now reevaluating the former Michael Reese Hospital site in Bronzeville as a potential home, despite the fact team president Kevin Warren previously dismissed it as too narrow to house a modern NFL dome.Johnson’s office didn’t immediately respond to a request for comment on Monday’s announcement.The Bears unveiled conceptual designs in 2022 for a massive mixed-use stadium district at Arlington Park, the home of Illinois’ most famous horse racing track for nearly a century until the last races were run in 2021.Their suburban proposal for the sprawling plot includes office space, a sportsbook, small residential neighborhoods, retail and park space alongside a $5 billion dome. They would need state help to fund that infrastructure work, a prospect similarly stymied so far in Springfield.Such a development would take about a decade to complete, the team has said. They’re under lease at Soldier Field through 2033.The Arlington Heights mayor called it “a long road” to landing the property tax deal.“We’ve been working aggressively to get everyone singing from the same music over the last year,” Hayes said, adding that he doesn’t think the Bears are merely trying to raise pressure on state lawmakers to help them stay in Chicago.“I understand their desire to do their due diligence and get the best deal," Hayes said. "That’s what we’re all doing.” More coverage of the Bears' stadium plans Latest Bears Stadium Updates Bears stadium Bears pulling a double reverse? Team reconsiders Michael Reese site for new lakefront stadium The team previously insisted the property, just south of McCormick Place, is unsuitable for a football stadium. By Fran Spielman  and Mitchell Armentrout [month] [day], [year], [hour]:[minute][ampm] [timezone]   Bears stadium New Bears lakefront stadium would only be a 'playground' for the rich, opponents say A group of activists criticized the Bears’ plans for a new lakefront stadium, claiming it would tarnish the lakefront and increase inequity in the city. By Mary Norkol [month] [day], [year], [hour]:[minute][ampm] [timezone]   Bears stadium Bears keep stadium focus on lakefront despite Springfield funding shutout Despite another cool reception from state lawmakers in their bid for help financing a new dome south of Soldier Field, team officials insisted they’re still making forward progress. By Mitchell Armentrout [month] [day], [year], [hour]:[minute][ampm] [timezone]   More Stories Latest Columns and Commentary Bears stadium A radical idea for the Bears’ stadium plans Instead of using it for a new stadium complex, how about we give that lakefront land to citizens to enjoy? By Rick Telander [month] [day], [year], [hour]:[minute][ampm] [timezone]   Bears stadium Take it from the source: Bears do not have a right to taxpayer money Gov. J.B. Pritzker needs to stand firm in the face of team’s demands for a new stadium. By Rick Morrissey [month] [day], [year], [hour]:[minute][ampm] [timezone]   Editorials With Bears stadium plans, Springfield should just slam on the brakes With all the important priorities the state has to tackle, why should Springfield rush to help the billionaire McCaskey family build a football stadium? The answer: They shouldn’t. The arguments so far don’t convince us this project would truly benefit the public. By CST Editorial Board [month] [day], [year], [hour]:[minute][ampm] [timezone]   More Stories
Respond, make new discussions, see other discussions and customize your news...

To add this website to your home screen:

1. Tap tutorialsPoint

2. Select 'Add to Home screen' or 'Install app'.

3. Follow the on-scrren instructions.

Feedback
FAQ
Privacy Policy
Terms of Service