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  | 

Evanston Agrees to $800M Renovation of Northwestern’s Ryan Field

Amid delays and some objections from residents, Evanston’s City Council approved Northwestern University’s plan for an $800 million football stadium.  In a 5-4 vote, the council agreed to also amend Ryan Field’s zoning by including concerts and community events as permitted use. Mayor Daniel Biss broke the tie, siding with Northwestern.

The massive, proposed stadium redevelopment would replace Ryan Field with a new, modern design. Part of the deal includes a benefits package to Evanston from Northwestern worth nearly $175 million over 15 years. The money is expected to be paid out annually and will go towards racial equity programs and financial aid for Evanston students to attend the university.

“We’re embarking on a journey that promises not just a state-of-the-art stadium but also a beacon of cultural and economic vitality,” said Dave Davis, Northwestern’s senior executive director of neighborhood and community relations. “This project is a testament to our shared vision of progress and prosperity.”

Connect

Inside The Story

Northwestern UniversityEvanston City Council

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.