Chicago Bears Staying Put: New Stadium Plans on the Horizon Along City’s Lakefront

The Bears have been considering relocating from Soldier Field for some time now, but their plans have been constantly changing. The latest news is that the team has decided to stay in Chicago and build a new stadium along the city’s lakefront. A statement released by the team today confirmed that city officials are on board with this plan and will be involved in the announcement on Wednesday.

The Bears had previously purchased land in Arlington Heights with intentions of building a stadium there, but they later reconsidered when faced with higher than expected property taxes. With the cost of land becoming too expensive, the team has now turned its attention to building a new stadium in the city. However, details on tax breaks and taxpayer financing remain unclear, which will be a crucial issue for the team to address as they move forward with their stadium project.

Despite this setback, it appears that the Bears are determined to build a new stadium in Chicago and keep their beloved city as their home base.