Bears make progress on property taxes as stadium plans shift focus
- Negotiations over property taxes between Arlington Heights and the Chicago Bears have resulted in a tentative agreement.
- The Chicago Bears are exploring stadium development options, focusing on both Arlington Heights and a new site along the Chicago lakefront.
- Arlington Heights officials express optimism over future development possibilities with the team.
In recent months, Arlington Heights, Illinois, has been in negotiations with the Chicago Bears regarding property taxes as the team considers future stadium options. Initially, the Bears were focused on a new stadium at the Arlington International Racecourse site, a proposal that began in 2021. However, in early 2024, the Bears shifted their focus to constructing a new facility along the Chicago lakefront. This maneuver followed their announcement of a $4.7 billion plan for the new stadium, which faced challenges due to funding disagreements with state officials. Arlington Heights officials remain hopeful that a partnership can be forged, ensuring property tax stability while evaluating options for potential new developments. The Bears, who have resided at Soldier Field since 1971, confirm their commitment to exploration of development opportunities in Arlington Heights, while also advancing their lakefront stadium proposal.