{"id":2229929,"date":"2024-04-25T10:22:02","date_gmt":"2024-04-25T14:22:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chicago-bears-look-for-public-financing-in-building-a-new-stadium\/"},"modified":"2024-04-25T10:26:35","modified_gmt":"2024-04-25T14:26:35","slug":"chicago-bears-look-for-public-financing-in-building-a-new-stadium","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chicago-bears-look-for-public-financing-in-building-a-new-stadium\/","title":{"rendered":"Chicago Bears seek public funding for new stadium construction"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fchicago-bears-look-for-public-financing-in-building-a-new-stadium%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2229929&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The Chicago Bears\u2064 unveil plans for\u2064 a new <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/murillo-a-phoenix-company-is-treating-christians-like-this-is-china-or-north-korea\/\" title=\"Murillo: Christian Mistreatment Comparable to China or North Korea\">stadium complex<\/a> on the lakefront, seeking public funding. Illinois officials express concerns. The proposed \u200cstate-of-the-art domed stadium, near Soldier Field, would cost around $4.7 billion. The \u2062Bears pledge $2 billion, expecting\u2062 economic impacts of $8 billion. Mayor Johnson anticipates \u200chosting \u2063various events at the stadium. The Chicago Bears have\u2064 revealed a\u200d proposal for a new stadium complex on the lakefront, aiming to secure\u200c public funding. \u200bIllinois authorities have raised reservations about the plan. The envisioned state-of-the-art domed\u200b stadium, close\u200d to Soldier Field, is estimated to cost $4.7 billion. The Bears commit $2 billion, projecting economic benefits of $8 billion. Mayor \u200cJohnson envisions\u200b hosting diverse events at the stadium.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div>\n<p>(The Center Square) \u2013\u00a0The Chicago Bears on Wednesday unveiled details about a proposed new stadium complex on the lakefront in which the NFL team will <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ama-article-calls-for-ripping-your-womb-from-your-dead-body-and-stuffing-it-between-a-delusional-mans-legs\/\" title=\"AMA Article Urges Transplanting Wombs to Support Gender Identity\">seek taxpayer funding<\/a>, something that is not sitting well with Illinois\u2019 governor and legislative leaders.<\/p>\n<p>The team is planning to build a state-of-the-art, domed lakefront stadium near Soldier Field, its current stadium. The Bears said they\u2019d provide over $2 billion for the project, which they said would cover over 70% of the costs. But projections put the total price tag at around $4.7 billion.<\/p>\n<p>The Bears said the project would create 43,000 temporary construction jobs and generate $8 billion in economic impact. Such economic impact numbers provided by other <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chicago-bears-cubs-donate-300000-following-uvalde-tragedy\/\" title=\"Chicago Bears, Cubs, Donate 0,000 Following Uvalde Tragedy\">major professional sports teams<\/a> have been challenged and often debunked in other regions of the country.<\/p>\n<p>Chicago Mayor Brandon Johnson was on hand with the Bears for the announcement and said the stadium complex could host numerous events.<\/p>\n<p>\u201cIncluding Chicago Public School championships, graduations, major concerts, the Final Four, Big Ten Championship, my next inauguration, I don\u2019t know, we will just keep adding to it,\u201d said Johnson. <\/p>\n<p>Revealed at a news conference Wednesday, the Chicago Bears show a promotional video, feature Chicago Mayor Brandon Johnson, and details about the cost of a proposed stadium. At a separate event, Illinois Gov. J.B. Pritzker and House Speaker Emanuel \u201cChris\u201d Welch, D-Hillside, react.\u00a0Chicago Bears, Illinois.gov<\/p>\n<p>At an unrelated event Wednesday, Gov. J.B. Pritzker was asked about the prospect of taxpayers helping build a new stadium.<\/p>\n<p>\u201cI just think that the taxpayers\u2019 dollars need to be protected and I think it\u2019s my job to be a good steward of those dollars,\u201d said Pritzker.  <\/p>\n<p>Senate President Don Harmon, D-Oak Park, issued a statement regarding the Chicago Bears\u2019 stadium proposal.<\/p>\n<p>\u201cAt first glance, more than $2 billion in private funding is better than zero and a more credible opening offer,\u201d said Harmon. \u201cBut there\u2019s an obvious, substantial gap remaining, and I echo the governor\u2019s skepticism.\u201d<\/p>\n<p>To make the plan a reality, the Bears want the Illinois General Assembly to approve $1.5 billion in new bonding for the Illinois Sports Facilities Authority.<\/p>\n<figure><figcaption>A slide showing the proposed funding, including estimated taxpayer cost, of the Chicago Bears lakeside stadium complex\u00a0Chicago Bears<\/figcaption><\/figure>\n<p>House Speaker Emanuel \u201cChris\u201d Welch, D-Hillside, said the request would have little chance. <\/p>\n<p>\u201cIf we were to put this issue on the board for a vote right now, it would fail and it would fail miserably,\u201d Welch said. \u201cThere\u2019s no environment for something like this today.\u201d<\/p>\n<p>Taxpayers still owe more than $600 million for past renovations of Soldier Field and Guaranteed Rate Field, whose occupants, the White Sox, also are looking to build a new stadium with help from taxpayers.<\/p>\n<p>The Bears purchased the former Arlington National Racecourse property for a possible site for a new stadium, but negotiations fell through.\u00a0Arlington Heights officials said they will be ready and waiting if the Bears change their minds.<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chicago Bears revealed plans for a new lakefront stadium, intending to secure taxpayer funding. However, Illinois officials are concerned about the proposal. The state-of-the-art domed stadium would be located near Soldier Field<\/p>\n","protected":false},"author":1,"featured_media":2229930,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/AP24114060155297-1024x683.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2229929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/AP24114060155297-1024x683.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2229929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2229929"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2229929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2229930"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2229929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2229929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2229929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}