High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Chicago & Midwest  + Greater Chicagoland  + Hospitality  | 

Northwestern University Breaks Ground on New Stadium

Northwestern University recently held a formal groundbreaking for its new Ryan Field on the site of the demolished football stadium. A joint venture of Turner Construction and Walsh Construction is building a new $800 million, 35,000-seat stadium.

The new stadium will feature a canopy designed to keep noise and light focused on the field and include cutting-edge technology and scoreboards, as well as concessions with food from local restaurants. The project will also achieve Gold LEED certification.

Pat Ryan, founder of Aon Corporation and Ryan Specialty Group and the stadium’s benefactor and namesake, was present at the groundbreaking. The rebuilding project is expected to create more than 2,900 jobs, $1.5 million in indirect tax revenue, $23 million in direct and permit-related fees and more than $659 million in economic impact for the city. The new Ryan Field is also supported by a $480 million donation from the Ryan family, the largest in school history.

Connect

Inside The Story

Northwestern UniversityTurner ConstructionWalsh Construction

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.