What do you think of the proposed renovations to Soldier Field? đ
â Sports Business Journal (@SBJ) July 25, 2022
(via @chicagosmayor) pic.twitter.com/bqelWBGHYD
Chicago Mayor Lori Lightfoot yesterday offered to "put a dome on Soldier Field," at a potential cost of $2.2B, in a "desperate attempt to keep the Bears in Chicago or save face if they leave for Arlington Heights,â according to a front-page piece Spielman & Roeder of CHICAGO SUN-TIMES. A portion of the cost âwould be paid for by selling naming rights âin a way that respects Soldier Fieldâs legacy as a war memorial by keeping Soldier in the name of the facility.ââ There also are âsponsorship opportunities in other areas inside the stadium.â If the Bears opt to stay, hundreds of millions of dollars in NFL "league financing" also "could be made available.â But key details about how the rest of the money would be raised âwere not revealed and must await a soon-to-be-launched feasibility study.â Lightfoot ârefused to say how she planned to bankroll a domed and expanded Soldier Field," and âdidnât rule out building the dome without the Bears." Adding the dome to Solider Field is âone of the three options for improving the stadium." The other two options are âpreparing the lakefront stadium to receive a dome without actually building it," or "allowing the Bears to leave and proceeding with a more modest stadium renovation" for the Fire, college football games, concerts and other potential uses. Ever since the Bears signed the agreement to purchase the old racetrack site, Lightfoot has "sounded almost resigned to losing the team.â However, with or without the Bears, she has said that she "wants to improve Soldier Field and maximize year-round revenuesâ
In addition to a dome, Lightfoot's plan for Soldier Field also includes:
⢠Increasing the NFLâs lowest seating capacity from 61,500 seats to 70,000 seats.
⢠Raising the number of âtraditionalâ suites from 133 to 140.
⢠Adding six new âmajor clubs and experiential areas.â
⢠Creating âmore flexible events space and multipurpose venues,â four of them with capacities ranging from 5,000 to 60,000 people.
⢠Quadrupling square footage devoted to food and beverage space -- to 200,000 square feet.
⢠Dramatically expanding the opportunity for major sponsorships and naming rights (CHICAGO SUN-TIMES, 7/26).
NO INTEREST: In Chicago, Gregory Pratt in a front-page piece notes Lightfootâs presentation âleft as many questions as it provided answers.â Pratt: "Could a dome be enough to convince the Bears to stay in a stadium they donât own or control? Who would pay for the construction?" The Bears âshowed no interest in the cityâs announcement,â and "rereleased a statement they initially put out earlier this month." Lightfootâs initial response to the team's interest in building a stadium in Arlington Heights was to "call it 'noise' and urge the Bears to focus on 'being relevant past October.'" Since then, Lightfoot has âfloated the possibility of building a costly dome over Soldier Field and appointed a task force to examine the Museum Campus thatâs home to the stadiumâ (CHICAGO TRIBUNE, 7/26).
THE RIGHT GUY: The SUN-TIMES's Spielman & Roeder in a separate piece wrote Landmark Development President Bob Dunn is "possibly the most valuable player" on Lightfoot's team for improving Soldier Field. He is a real-estate developer "uniquely suited for the job." Dunn also has "massive experience with building NFL stadiums," as he has been part of the group behind new homes for every Bears rival in the NFC North, as well as MetLife Stadium. His company produced the "renderings Lightfoot relied on to show the possibilities" for Soldier Field. Dunn called the technique that would be used for a potential Soldier Field dome a "hybrid of designs employed" for Ford Field and U.S. Bank Stadium (CHICAGO SUN-TIMES, 7/26).
ON TO THE NEXT: The ATHLETIC's Kevin Fishbain writes the "train has left the station and is heading to Arlington Heights." The Bears would "own that property and be able to do whatever they wanted with it, starting with building a brand new stadium from scratch." The city of Chicago "can't offer that." Fishbain: "Decades of decisions before the current mayor led to this moment, and I don't see anything preventing the Bears from leaving Soldier Field" (THEATHLETIC.com, 7/25).