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Chicago & Midwest  + Downtown  + Hospitality  | 

Chicago Bears’ New Stadium Plans Revealed

The Chicago Bears gave a first look at what the team is planning to build along the city’s lakefront. The new details covered plans that go beyond a stadium, including an entertainment hub that can host Super Bowls, playoffs, concerts and community events.

During a public presentation at Soldier Field, the Bears unveiled plans to build a state-of-the-art fixed-roof stadium. The team released renderings of the new, covered stadium that showed plans for both inside and outside.

“Sports fields and gardens will replace the current stadium, with Soldier Field’s historic colonnades preserved as a tribute to Chicago’s military veterans,” the team said in a release. “An enclosed stadium is essential for Chicago to attract year-round events like the Super Bowl and major concerts—unlocking billions in tourism revenue.”

The Bears have pledged more than $2 billion to the project. The team is looking to help fund the rest of the project with $300 million from an NFL loan and $900 million in bonds from the Illinois Sports Facilities Authority. The Bears are still working with the state of Illinois to identify additional funding sources.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.