Arlington Heights leader ‘excited’ and school districts waiting to see as news drops of Chicago Bears buying 326-acre property

  • 📰 chicagotribune
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 91%

Education Education Headlines News

Education Education Latest News,Education Education Headlines

News that the Chicago Bears have officially purchased Arlington International Racecourse ricocheted through the city and suburbs Wednesday, but many unknowns remain in a process that may — or may not — lead to a new NFL stadium in Arlington Heights.

A rendering released by the Chicago Bears shows the view from the threshold of the proposed stadium of the Arlington Park entertainment district. The Bears released proposed development plans for the Arlington International Racecourse property in Arlington Heights on Sept. 6, 2022.

Gillespie’s legislation would allow certain “megaprojects” costing at least $500 million that the host municipality determines to be of “substantial public benefit” to be eligible for an additional 17 years of financial incentives. District 214 Co-interim Superintendent Ken Arndt told Pioneer Press the district is in support of a potential move to Arlington Heights and that officials were interested in discussing partnerships between the district and the team.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in EDUCATİON

Education Education Latest News, Education Education Headlines