The Chicago Bears have resumed discussions about taxes with suburban schools, which could impact whether they build a stadium in Arlington Heights.
The shell of the grandstand remains at the former Arlington International Racecourse as crews continue to demolish it on Aug. 31, 2023, in Arlington Heights.Crews demolish the grandstand and surrounding structures at the former Arlington International Racecourse on Sept. 25, 2023, in Arlington Heights.Antonio Perez / Chicago TribuneNewsstand owner Dilip Patel in his store inside the Metra station in downtown Arlington Heights on Sept.
Arlington Heights Mayor Tom Hayes said he remains optimistic for an agreement, and poured cold water on news that the Bears and White Sox are in conversations about combining public financing for new stadiums for each in Chicago. There are still considerable bills to pay for both stadiums. Debt service costs — mostly for Soldier Field — are projected to ramp up in the coming years, rising from $60.2 million in 2025 to $90.5 seven years later, according to ISFA records. In all, the bills total $582 million through 2032, the debt’s maturity date.
What to know about the Chicago Bears’ possible move from Soldier Field — and which other suburbs are vying for the stadium Arlington Heights officials have been continuing to encourage an agreement with Arlington Heights-based Township High School District 214, Palatine-based Township High School District 211, and Palatine Community Consolidated School District 15, which collect most of the property taxes from the former Arlington Park.
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