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South Loop

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Amtrak Yard Near Rate Field Triggers Sox Relocation Fears
local23 days ago

Amtrak Yard Near Rate Field Triggers Sox Relocation Fears

ISFA officials said they were blindsided by Amtrak’s plan to build a $900 million Midwest Maintenance Facility on a rail yard immediately west of Rate Field in Bridgeport, which would occupy parts of Parking Lots C and G and could change parking, traffic and fan access starting next season. Amtrak says the 24‑hour maintenance yard would modernize operations and notes a railroad easement to a ramp on ISFA property; the project could affect Rate Field’s future as minority owner Justin Ishbia pursues a new South Loop riverfront stadium. ISFA can’t block the plan but plans to learn more and push for transparency, while local officials and residents express concerns about air quality, noise and disruption and urge keeping the Sox in Bridgeport. Community meeting scheduled to discuss details.)

via blockclubchicago.org|
#amtrak#bridgeport#local
Bridgeport Residents Push Back On Amtrak's 24/7 Yard Plan
local1 month ago

Bridgeport Residents Push Back On Amtrak's 24/7 Yard Plan

Dozens of Bridgeport residents and local officials protested outside Rate Field to oppose Amtrak's plan to build a 24/7 maintenance facility near homes, arguing it would devastate the neighborhood and bypass a full environmental review; the plan would relocate the yard from along the Chicago River to a site west of Rate Field, potentially swapping areas with a South Loop stadium project. Amtrak says the yard is needed for current and future fleets and would reduce emissions and noise, while opponents highlight health risks and call for a proper environmental assessment.

via Block Club Chicago|
#amtrak#bridgeport#environmental-impact
Railyards Plan Could Put White Sox Stadium on Riverfront, Spurring South Loop Redevelopment
business1 month ago

Railyards Plan Could Put White Sox Stadium on Riverfront, Spurring South Loop Redevelopment

A plan from a billionaire-backed group to develop The Railyards in the South Loop envisions a riverfront White Sox stadium built on an Amtrak rail yard, with Amtrak moving its maintenance yard to Bridgeport and the development potentially including housing, health care, and a Northwestern Medicine center. The project is in early feasibility, and Bridgeport leaders have criticized it as a betrayal of the neighborhood, calling for public funds to be redirected to the existing Guaranteed Rate Field instead; the Sox’s current lease at Rate Field runs through 2029, and the outcome will depend on a formal feasibility review and approvals.

via Block Club Chicago|
#amtrak#bridgeport#business
White Sox Unveil Riverfront Stadium Plan for Chicago's South Loop
sports1 month ago

White Sox Unveil Riverfront Stadium Plan for Chicago's South Loop

The White Sox released renderings for a proposed riverfront stadium in Chicago’s South Loop as part of a mixed-use district called The Railyards, led by minority owner Justin Ishbia; the project would come while the team’s lease at Guaranteed Rate Field runs through 2029, and city officials are urging taxpayer protections as public benefits are weighed.

via Bleacher Report|
#chicago#justin-ishbia#south-loop
Ishbia eyes South Loop rail yard as potential White Sox stadium site
real-estate6 months ago

Ishbia eyes South Loop rail yard as potential White Sox stadium site

Billionaire investor Justin Ishbia is nearing a deal to buy Amtrak's 47-acre rail yard in the South Loop, across from The 78, fueling speculation it could become part of a White Sox stadium development or other district; Northwestern Medicine is in early talks to anchor a healthcare facility there, while Amtrak would need to relocate and financing for a project potentially over $1 billion would take years.

via Chicago Tribune|
#amtrak-rail-yard#justin-ishbia#real-estate
Chicago Fire FC Breaks Ground at The 78 Amid Push for Community Benefits Pact
business7 months ago

Chicago Fire FC Breaks Ground at The 78 Amid Push for Community Benefits Pact

Chicago Fire FC broke ground on its privately funded $750 million stadium at The 78 megadevelopment in the South Loop, set to open in 2028 and anchor a broader $8 billion development. The ceremony drew fans, developers, and officials including Mayor Brandon Johnson and Ald. Pat Dowell, who touted private investment as a path to jobs and neighborhood activation. A coalition of community groups, left out of the process, is pressing for a community benefits agreement to ensure local input and address concerns about related land-use deals tied to the training center.

via Block Club Chicago|
#business#chicago-fire#community-benefits-agreement
"Jerry Reinsdorf's Push for White Sox Stadium Funding Sparks Familiar Debate"
sports2 years ago

"Jerry Reinsdorf's Push for White Sox Stadium Funding Sparks Familiar Debate"

Chicago White Sox Chairman Jerry Reinsdorf is lobbying for over $1 billion in taxpayer dollars and $900 million in public infrastructure to build a new stadium in the South Loop, arguing that the team needs a modern facility to remain competitive. Critics, including State Rep. Kelly Cassidy, are skeptical of Reinsdorf's claims and oppose subsidizing wealthy businessmen. Reinsdorf's argument for public funding echoes his past threats to move the team, but faces resistance in Springfield. The proposed stadium project aims to revitalize the South Loop area, but the substantial subsidy request is met with skepticism and opposition from lawmakers and community members.

via Chicago Sun-Times|
#chicago-white-sox#illinois-taxpayers#jerry-reinsdorf
"Mayor Johnson Considers Public Funding for $1B White Sox Ballpark in South Loop"
sports-business2 years ago

"Mayor Johnson Considers Public Funding for $1B White Sox Ballpark in South Loop"

White Sox owner Jerry Reinsdorf and team executives are seeking roughly $1 billion in public money to build a new ballpark in Chicago's South Loop, with Mayor Brandon Johnson not ruling out the possibility of public funding but emphasizing the need for a real commitment to public use and benefit. The proposed project on "The 78" could bring significant economic investment and job creation, but skepticism and concern about public subsidies have been expressed by state legislators, former Governor Pat Quinn, and local residents and business owners in the current Bridgeport neighborhood.

via WGN TV Chicago|
#ballpark#chicago#public-funding
"White Sox Owner Jerry Reinsdorf Seeks $1 Billion Public Funding for South Loop Ballpark"
sports2 years ago

"White Sox Owner Jerry Reinsdorf Seeks $1 Billion Public Funding for South Loop Ballpark"

White Sox owner Jerry Reinsdorf is seeking $1 billion in public funding for a new ballpark in the South Loop neighborhood known as The 78. He was expected to meet with Illinois House Speaker Emanuel “Chris” Welch to discuss the ambitious proposal, which includes a ball park-anchored megadevelopment. Reinsdorf may seek funding through refinancing existing bonds and a taxing district around the stadium. The Chicago Bears are also expected to seek legislative support for a potential new stadium.

via Chicago Sun-Times|
#illinois-house-speaker#jerry-reinsdorf#public-funding
"Prospects and Concerns Surrounding White Sox's South Loop Stadium Proposal"
sports2 years ago

"Prospects and Concerns Surrounding White Sox's South Loop Stadium Proposal"

The White Sox and developer Related Midwest are eyeing a new stadium in the South Loop, but questions remain about how the $1.2-1.5 billion project will be funded, potentially involving bonds issued by the Illinois Sports Facilities Authority and tax increment financing. The proposal faces competition from the Chicago Bears, who are also seeking a new stadium, and the state legislature is waiting for more details before making any decisions.

via Chicago Sun-Times|
#chicago-bears#illinois-sports-facilities-authority#south-loop
"White Sox Unveil Riverfront-Friendly Design for Potential New Stadium"
sports2 years ago

"White Sox Unveil Riverfront-Friendly Design for Potential New Stadium"

Ambitious new renderings from Related Midwest show what a potential new Chicago White Sox Stadium at "The 78" in the South Loop could look like, projecting significant economic impact and community benefits. The proposed location, bordered by Roosevelt Road, the Chicago River, Clark Street, and train tracks near Ping Tom Park, would offer ample public transit access. The move would mark the White Sox's departure from their longtime neighborhood, with the team considering the construction of a new stadium after their lease at Guaranteed Rate Field expires in 2029. Related Midwest also released conceptual renderings for the team's current home at 35th and Shields, acknowledging the need for community input in determining the best use for the land.

via NBC Chicago|
#chicago-white-sox#renderings#south-loop