Chicago & Midwest CRE News In Your Inbox.

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

Sub Markets

Property Sectors


Chicago & Midwest  + Greater Chicagoland  + Hospitality  | 
Arlington Park Arlington Heights IL sale to Chicago Bears Churchill Downs

Chicago Bears to Unveil Plans for Arlington Heights Development

The Chicago Bears will hold an informational community meeting on Sept. 8 to discuss the potential purchase and development of Arlington International Racecourse in Arlington Heights, IL, according to published reports. 

In a statement, Bears officials said they’ll present conceptual plans for a transit-oriented, mixed-use entertainment district anchored by a stadium that would be among the largest development projects in Illinois history. 

Last year, the team and track owner Churchill Downs announced an agreement for the Bears to buy the 326-acre racetrack site for $197 million. The deal opens the door for the Bears to leave their home stadium in Chicago, Soldier Field. 

“They’re increasing the speed of the project as we move forward toward making this a reality,” Arlington Heights Mayor Tom Hayes told the Chicago Tribune. “This is an opportunity to get initial feedback from the community, so it’s a very important and exciting part of the process.” 


Inside The Story

Chicago Bears

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development
New call-to-action