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

Trump, Putin meeting in Hungary called off

Trump, Putin meeting in Hungary called off

By Sarah Roderick-FitchThe Center Square The in-person meeting between President Donald Trump and Vladimir Putin has apparently been called off, days after it was announced the two leaders had planned...
WATCH: Businesses argue Congress holds purse strings in tariff challenge

WATCH: Businesses argue Congress holds purse strings in tariff challenge

By Brett RowlandThe Center Square Lawyers challenging President Donald Trump's tariff authority say the president is acting contrary to what the nation's founders intended. A group of small businesses argue...
Report: FEMA under Biden politically discriminated against Americans

Report: FEMA under Biden politically discriminated against Americans

By Alan WootenThe Center Square Reports of FEMA disaster assistance teams in 2024 bypassing homes displaying signs supporting then-presidential candidate Donald Trump were true and were indicative of a pattern...
Trump begins accepting $100k visa payments

Trump begins accepting $100k visa payments

By Andrew RiceThe Center Square The Trump administration officially started accepting $100,000 payments for H-1B visas. On Sept. 19, President Trump issued a proclamation imposing a $100,000 fee on future...
Vance optimistic with Gaza peace plan; reiterates no U.S. troops to be on the ground

Vance optimistic with Gaza peace plan; reiterates no U.S. troops to be on the ground

By Sarah Roderick-FitchThe Center Square No U.S. troops will be on the ground in Gaza, Vice President JD Vance reassured Americans during a visit to Israel on Tuesday. “There are...
Poll: Majority of Americans do not support National Guard to deter crime

Poll: Majority of Americans do not support National Guard to deter crime

By Andrew RiceThe Center Square As President Donald Trump continues to deploy troops into American cities in an effort to reduce crime, more than half of Americans said they do...
‘Legal minefield:’ Biometrics reforms needed to keep IL tech biz growing

‘Legal minefield:’ Biometrics reforms needed to keep IL tech biz growing

By Jonathan Bilyk | Legal NewslineThe Center Square For the past year, business leaders, attorneys and others in Illinois and beyond have watched to see how the courts and the...
Senior Fred Thomas delivers a game-changing play, sacking the Olney quarterback, stripping the ball, and making the recovery to give the Warriors possession in the second quarter.

Warriors Fall to Olney 28-27 in Heartbreaking Battle for Little Illini Title

Featured image caption: Senior Fred Thomas delivers a game-changing play, sacking the Olney quarterback, stripping the ball, and making the recovery to give the Warriors possession in the second quarter....
As military branches celebrate 250 years, Democrats vote against paying them

As military branches celebrate 250 years, Democrats vote against paying them

By Bethany BlankleyThe Center Square In addition to U.S. Senate Democrats voting 11 times to keep the government shut down, they’ve also voted against funding U.S. military personnel, many of...
Chicago transit violent crime at 7 year high, funding concerns persist

Chicago transit violent crime at 7 year high, funding concerns persist

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – With federal authorities now threatening to cut Chicago Transit Authority funding due to rising violence across...
WATCH: National Guard case before SCOTUS; Trump insists China soybean deal coming

WATCH: National Guard case before SCOTUS; Trump insists China soybean deal coming

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...
Illinois quick hits: Harvey furloughs some employees; lead poisoning prevention continues

Illinois quick hits: Harvey furloughs some employees; lead poisoning prevention continues

By Jim Talamonti | The Center SquareThe Center Square Harvey furloughs some employees The Chicago suburb of Harvey has furloughed 69 employees, including police and fire, after the city council...
Illinois quick hits: Filings made to SCOTUS in National Guard case; Chicago sued DHS

Illinois quick hits: Filings made to SCOTUS in National Guard case; Chicago sued DHS

By The Center SquareThe Center Square Filings made to SCOTUS in National Guard case Illinois asked the Supreme Court not to hear President Donald Trump's request to deploy the National...
Colorado Dems seek restoration of $600M in federal funds

Colorado Dems seek restoration of $600M in federal funds

By Elyse ApelThe Center Square Colorado Democrats joined together to sign a letter calling for the U.S. Department of Energy to restore over $600 million in funding for 38 Colorado-affiliated...
Senate Democrats block bill to end government shutdown for 11th time

Senate Democrats block bill to end government shutdown for 11th time

By Thérèse BoudreauxThe Center Square For the 11th time, U.S. Senate Democrats blocked legislation Monday evening to reopen and fund the federal government, indicating that Republicans’ strategy of waiting out...