Tag

Stadium

All articles tagged with #stadium

Rays Stadium Funding Hinges on Hillsborough Public Dollars and Approvals
politics1 day ago

Rays Stadium Funding Hinges on Hillsborough Public Dollars and Approvals

County Administrator Bonnie Wise told commissioners that money from the Community Investment Tax and other reserves will likely be needed to cover the Rays’ proposed public share for a new ballpark, as officials review a non-binding memorandum of understanding and assess funding, infrastructure, and land-use questions before any public funds are spent and deals are finalized.

Rays outline $1.065B public financing for new Tampa stadium
local2 days ago

Rays outline $1.065B public financing for new Tampa stadium

The Rays seek about $1.065 billion in public funds for a $2.3 billion stadium in Tampa, with the team contributing $1.235 billion. Public money would come from Hillsborough County and the city via sources including the half-percent sales tax, the 6% lodging tax (sixth cent), the Drew Park Community Redevelopment Area, the Community Investment Tax, and potentially HUD disaster-recovery funds. Approvals are targeted by June 2026 for a 2029 opening, with final Sources and Uses yet to be finalized.

Bears target early-summer stadium decision with Arlington Heights as front-runner
sports11 days ago

Bears target early-summer stadium decision with Arlington Heights as front-runner

Chicago Bears president Kevin Warren says a stadium solution should be settled by spring or early summer, with Arlington Heights favored after Indiana legislation work and ongoing due diligence. The plan centers on a fixed-roof, world-class venue with mixed-use development around the stadium to host major events; delaying the project risks rising costs (~$150 million per year) and the goal is to complete design and construction soon.

Haslam Family Increases Browns Stadium Investment to $1.755B
business16 days ago

Haslam Family Increases Browns Stadium Investment to $1.755B

The Haslam family boosted its stake in the Browns’ stadium project to $1.755 billion (about 67.5% of total cost). Ohio will contribute $600 million via a grant fund that is being challenged in court, while Brook Park will add $245 million from tax revenues. Haslam Sports Group will also invest $1 billion for a surrounding mixed-use development, and the stadium—nicknamed the “Super Theater”—is planned to seat 67,500 and open in 2029.

Rays deal could redefine Tampa Bay's future, Weatherford argues
viewpoints16 days ago

Rays deal could redefine Tampa Bay's future, Weatherford argues

A Tampa Bay Times columnist argues that now is the moment to advance the Rays’ stadium and mixed-use district as a transformative public-private project, backing a committed ownership group and sustained regional collaboration. He cites prior local successes (USF Medical School, Water Street) as proof that bold, well-planned development can create jobs and raise Tampa Bay’s profile, and urges urgency over delay to avoid rising costs and missed opportunities, aiming to cement the region as a premier sports and leisure destination.

Ishbia’s Rail Yard Move Could Redefine the White Sox Stadium Outlook
business23 days ago

Ishbia’s Rail Yard Move Could Redefine the White Sox Stadium Outlook

Shore Capital, led by White Sox minority owner Justin Ishbia, is nearing a deal to buy a 47-acre Amtrak rail yard across the Chicago River, a move that could add a major development site to the Sox’s ongoing stadium ambitions and potentially influence the franchise’s future ownership trajectory, even though no specific ballpark plan or site has been finalized.

Arlington Heights Mayor: Bears Could Move to Indiana by Month's End
sports28 days ago

Arlington Heights Mayor: Bears Could Move to Indiana by Month's End

Arlington Heights Mayor Jim Tinaglia says the Chicago Bears could relocate their stadium to Indiana by the end of March if Illinois lawmakers don’t finalize a deal on incentives; Indiana has already passed a stadium bill, while Illinois debates tax breaks, with a potential Arlington Heights groundbreaking this summer if Springfield agrees.

Deadline pressure: Bears could move to Indiana without Arlington Heights deal
sports28 days ago

Deadline pressure: Bears could move to Indiana without Arlington Heights deal

Arlington Heights Mayor Jim Tinaglia warned that the Chicago Bears could relocate to Indiana if a deal for a new Arlington Heights stadium isn’t reached by the end of March, as Illinois lawmakers weigh tax breaks and incentives to keep the team and Indiana has already enacted stadium funding—setting up a high-stakes relocation showdown amid the Bears’ ongoing stadium talks.

Chicago Fire FC Breaks Ground at The 78 Amid Push for Community Benefits Pact
business1 month 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.

Bears Eye Indiana Move to Hammond, Challenging Chicago Roots
sports1 month ago

Bears Eye Indiana Move to Hammond, Challenging Chicago Roots

An opinion piece argues the Bears may relocate from Soldier Field to Hammond, Indiana, aided by a state stadium authority and private funding, finding a cheaper, controllable home and potentially revitalizing a Rust Belt area; Arlington Heights plans are costlier and stalled by public financing and political wrangling, and while Illinois officials resist, the article suggests the move could keep the team connected to Chicago's metro even from across the state line.

Bears stadium showdown: Indiana lure, Illinois leverage, fan frustration
sports1 month ago

Bears stadium showdown: Indiana lure, Illinois leverage, fan frustration

Illinois canceled a Senate meeting as Indiana offered a new stadium deal for the Chicago Bears, keeping the team’s options open and fueling a potential move to Hammond. While Florio argues Indiana taxpayers would bear most costs, Illinois hasn’t reached an agreement in years, turning the saga into a high-stakes bidding war that largely benefits the Bears and leaves fans frustrated.

Bears Play Indiana and Illinois Against Each Other in Stadium Push
sports1 month ago

Bears Play Indiana and Illinois Against Each Other in Stadium Push

The Chicago Bears are pursuing a new stadium deal with both Indiana and Illinois, using the competition to secure the best possible terms and subsidies. Indiana reports progress, while Bears leadership stays engaged with Illinois, keeping pressure as the legislative session ends. A move isn’t ruled out, but the team remains focused on staying in downtown Chicago if a favorable deal isn’t reached.