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Arlington Heights Mayor Provides Update on Chicago Bears Stadium Talks Amidst Decision Not to Seek Re-election

2024-06-27 23:09:15.882000

Arlington Heights Mayor Tom Hayes has announced that he will not seek re-election. This comes as the Chicago Bears' plans for a new stadium in Arlington Heights have been put on hold due to a property tax debate. The Bears had previously purchased land in Arlington Heights for a new stadium but faced obstacles due to property tax negotiations. However, the team has now shifted its focus back to building the stadium near Soldier Field in Chicago. Despite the state's reluctance to support a plan that requires public dollars, the Bears remain committed to Chicago. Talks between Arlington Heights and the Bears are ongoing, and the team has not ruled out using their property in Arlington Heights for the stadium project. The stadium is expected to cost $4.7 billion, with the Bears contributing $2 billion and seeking public funding for the rest. Illinois Governor J.B. Pritzker has expressed skepticism about using public funds to support the Bears' stadium plans. Mayor Hayes believes a decision on the new stadium location will be made within the next two to 10 months. [6b6aea0a]

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