Governor to evaluate tax proposal for Bears stadium in Arlington Heights

Spread the love

(The Center Square) – Gov. J.B. Pritzker is not ruling out tax legislation to help the Chicago Bears move forward with a stadium project in Arlington Heights.

The governor said Monday that his administration is still evaluating a bill to use sales-tax revenue that would come with a large-scale development to support that project.

“We’re going to evaluate what the costs are for the people of Illinois to do this, the benefits that come from attracting businesses as a result of providing that ability to use those tax dollars,” Pritzker said.

Officials from the National Football League team held a press conference last Friday to provide an update on training camp in Lake Forest and the team’s stadium plans.

Bears President and CEO Kevin Warren said his team has held weekly meetings with Arlington Heights officials. The Bears own 326 acres of land at the site of the former Arlington Park horse-racing track. The team purchased the site for nearly $200 million in 2023.

According to Warren, all the team needs to move forward is property-tax certainty.

“This is not any transfer of money from the state of Illinois to the Chicago Bears or other businesses. This just says, ‘We’re going to allow you to negotiate the property taxes,’ which is critically important,” Warren said.

Warren said the “mega-project” bill that was on the docket last spring would allow companies like the Bears to negotiate with local taxing authorities.

Warren hoped for a positive vote from the state legislature during the fall veto session and said it was all the team needed to move forward.

Pritzker said his administration would evaluate the costs and benefits.

“I do not think that the taxpayers of the state of Illinois should be propping up what is now an $8.5 billion-valued business. They seem to be doing OK for themselves,” Pritzker said.

Bears Chairman George McCaskey said stadium developments take time.

“It’s on us to convince the governor and the state legislators that this is a good idea for the people of Illinois. We need to do a better job of that,” McCaskey.

McCaskey said the project could be transformative.

“The concern is that delay means greater expense, and it also means that we’re missing out on another round of the assignment of major events,” McCaskey said.

The Bears said they hope the new stadium would attract the Super Bowl, NCAA basketball and other large-scale events.

The team currently plays at Soldier Field in Chicago. Last year, the Bears proposed a $4.7 billion stadium project for the lakefront that involved public funding.

Pritzker said it was his hope that the Bears would stay in the city, but he said he did not think they would leave Illinois.

Leave a Comment





Latest News Stories

Illinois House backs controversial ‘Equality for Every Family’ bill after Pritzker changes

Illinois House backs controversial ‘Equality for Every Family’ bill after Pritzker changes

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – The Illinois House concurs with Gov. J.B. Pritzker’s amendatory veto to the Equality for Every Family...
WATCH: Trump admin asks SCOTUS to lift Guard restraints; Pritzker opposes ‘head tax’

WATCH: Trump admin asks SCOTUS to lift Guard restraints; Pritzker opposes ‘head tax’

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop reviews the latest...
Poll: Voters trust local governments more than feds to address crime, other issues

Poll: Voters trust local governments more than feds to address crime, other issues

By Andrew Rice | The Center SquareThe Center Square (The Center Square) – A majority of Americans say the federal government should not decide policing and crime policy in their...
Illinois quick hits: Secretary of State accuses ICE of plate swapping; Treasurer celebrates LGBTQ+

Illinois quick hits: Secretary of State accuses ICE of plate swapping; Treasurer celebrates LGBTQ+

By Jim Talamonti | The Center SquareThe Center Square Secretary of State accuses ICE of plate swapping Illinois Secretary of State Alexi Giannoulias says his office is investigating U.S. Customs...
Wyatt Erickson wears a special jersey honoring Vicki Yates during Friday night's "Pink-Out" game.

Beyond the Gridiron: Warriors Celebrate Seniors and Rally for Pink-Out Night

Featured image caption: Wyatt Erickson wears a special jersey honoring Vicki Yates during Friday night's "Pink-Out" game. Before the first whistle blew in Friday night’s football game, the lights at...
Fusion nuclear energy one step closer under California law

Fusion nuclear energy one step closer under California law

By Madeline ShannonThe Center Square A nuclear fusion bill signed into law this month in California would advance efforts to develop a safer, less radioactive energy source that could power...
Law designed to help veterans affected by nuclear testing

Law designed to help veterans affected by nuclear testing

By Liam HibbertThe Center Square Nevada veterans are awaiting the final passage of S.2220, a landmark bill that would acknowledge those who served at the radioactive Nevada Test and Training...

WATCH: Pritzker ‘absolutely, foursquare opposed’ to Chicago mayor’s head tax

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The governor of Illinois says he is against the Chicago mayor’s plan to impose a head tax...
Illinois quick hits: Elections board splits on Harmon fine; busiest summer at O'Hare

Illinois quick hits: Elections board splits on Harmon fine; busiest summer at O’Hare

By Jim Talamonti | The Center SquareThe Center Square Elections board splits on Harmon fine The Illinois State Board of Elections delivered a tied vote of 4-4 on state Senate...
Congressman proposes bipartisan bill to address fentanyl

Congressman proposes bipartisan bill to address fentanyl

By Elyse ApelThe Center Square Colorado U.S. Rep. Gabe Evans is leading the charge for a new bill in the U.S. House to combat the growing fentanyl crisis throughout the...
API now opposes year-round E15 sales, citing shifting, unstable environment for refiners

API now opposes year-round E15 sales, citing shifting, unstable environment for refiners

By Alton WallaceThe Center Square The American Petroleum Institute (API) said Tuesday it now opposes legislation that would allow year-round sales of E15 gasoline, citing dramatic changes in market conditions...
Trump administration asks Supreme Court to toss stay in National Guard case

Trump administration asks Supreme Court to toss stay in National Guard case

By Brett RowlandThe Center Square The Trump administration on Tuesday asked the U.S. Supreme Court to drop a stay preventing the president from federalizing and deploying the National Guard to...
GOP candidates: Illinois families struggle while Pritzker wins in Las Vegas

GOP candidates: Illinois families struggle while Pritzker wins in Las Vegas

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker was a big winner in Las Vegas, but his Republican rivals say the governor’s...

WATCH: Pritzker wants immigration enforcement, just not Trump’s way

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says he is not for open borders and wants immigration law enforced, just...
Trump tells Dems to 'stop the madness' after three weeks of government shutdown

Trump tells Dems to ‘stop the madness’ after three weeks of government shutdown

By Thérèse BoudreauxThe Center Square Despite the government shutdown dragging on for three weeks, Republican leaders remain convinced that Democrats will eventually fold on their health care demands and vote...