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Stadium and glass? Spectacular project along Lake Michigan – StadiumDB.com


source: StadiumDB.com; author: Jakub Ducki

USA: Stadium and glass?  Spectacular project along Lake Michigan
US studio Manica Architecture and NFL team Chicago Bears have presented a proposal for a redeveloped football stadium in the Illinois capital, but before it can be restructured, a plan must be presented that calls for a replacement stadium some 7 miles away distance from Soldier Field. the shoreline of the lake.

Replacement stadium. A second 60,000 seats?

First, a location had to be found for a replacement arena, which became Burnham Park, chosen as the best for the city, the state and the Chicago Bears. It offers the most benefits for all parties. The second option rejected was the Michael Reese site, which proved to be too narrow to accommodate the development.

The number of people able to watch a Chicago Bears game there will be on par with Soldier Field, with the addition of standing room. The the estimated number of fans at local American Football club matches will exceed 65,000, yet the facility is intended to appear intimate. According to the designers, this will become a trend, in contrast to larger halls with poor seating outside the field.

The project should start in the summer of 2025. From the moment the shovel is put into the ground, it will take exactly three years before the first fans enter the stadium. There is an urgency for interested parties to begin construction on time as costs increase by approximately $200 million with each passing year.

The Stadium of Chicago will replace the home of the city’s football team for the redevelopment and will include more open, green space than is currently available, with free and accessible squares, paths and planted green areas all year round. The new stadium will remain in public ownership and will give Chicagoans the use of approximately 5.5 acres of athletic fields, making it public property of the city in the future, for which the Chicago Bears will hold the naming rights for the new arena to sell.

The stadium will be used for a variety of purposes, from concerts to high-profile sporting events and community events. It has the potential to unlock new revenue streams for the city and state. It is estimated that operation of the new arena will generate a 41% increase in annual Illinois tax revenue from current operations compared to those currently at Soldier Field.

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Redevelopment of Soldier Field

It doesn’t end there, though: it’s time for the most important item on the list of stadium plans in Chicago. The to build a new location on the Soldier Field site and related improvements will combine to create one of the largest construction projects in Illinois history, generating $4.7 billion in direct capital investments and creating approximately 43,000 jobs for the regional workforce.

Manica Architecture designed the stadium surrounded by a semi-transparent roof – to bring a variety of concerts, community celebrations and sporting events to downtown Chicago. As with the studio’s other project – Allegiant Stadium for the Las Vegas Raiders – the images show an elongated stadium with a bubbling glass roof. The arena will be surrounded by greenery and pedestrian access will be provided. The facility will be connected to the adjacent marina and public transport station.

The new Soldier Field could host major sporting events year-round, including the Super Bowl and NCAA Final Four, as well as major global entertainment events, generating billions of dollars in profits.

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Where does the money for such a large investment come from?

It is estimated that the The new stadium will cost $3.2 billion, with more than 72% of the project to be funded by the Chicago Bears and NFL investments of approximately $2.3 billion. To fill the $900 million financing gap, the Chicago Bears are working with the Illinois Sports Facilities Authority (ISFA) to extend the bond for 40 years.

Construction of this project will make Illinois more prosperous. An economic impact study found it will create 24,000 new jobs for Chicagoans and 43,000 in the greater region, bringing $2.4 billion in job revenue to the city and $3.5 billion to the state of Illinois. Once operational, the stadium is expected to create 2,300 permanent jobs per year in Chicago, generating $92 million in job revenue for the city. The development of the stadium is expected to have more than $8 billion in direct and indirect business impact on the economy. So it can be said that the new home of the Chicago Bears will drive the state’s economy.

In addition, an infrastructure plan has also been drawn up, which is divided into three phases. Phase 1 includes stadium opening requirements, transportation, roads and utilities. The amount will be $325 million. Phase 2 would cost $510 million and would include the bus depot expansion, new parks and playing fields. Phase 3 will cost $665 million and would include additional transportation improvements, retail and public attractions. In total, the infrastructure plan will cost approximately $1.5 billion.

Stadium for Chicago©stadium.chicagobears.com