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A stadium subsidy is a type of government subsidy given to professional sports franchises to help finance the construction or renovation of a sports venue. Stadium subsidies can come in the form of tax-free municipal bonds, cash payments, long-term tax exemptions, infrastructure improvements, and operating cost subsidies. Funding for stadium ...
The Chicago Bears' proposal to fund a new lakefront stadium remains a “non-starter," Illinois Gov. J.B. Pritzker's office said after top aides met with team officials on Wednesday. The Bears ...
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The Chicago Bears unveiled a nearly $5 billion proposal Wednesday for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city ...
In 2002 the Bears selected the University of Illinois Memorial Stadium as the site of home football games during the renovation of Soldier Field (the agreement also included the preseason games of the 2003 season). [20] In the past the Bears also held two preseason games in the stadium in 1974 and 1975 (both against the St. Louis Cardinals).
As of 2016, there are over 600 parks included in the Chicago Park District as well as 27 beaches, 10 boat docking harbors, two botanic conservatories, a zoo, 11 museums, and one stadium. The Chicago Park District also has more than over 230 field houses, 78 public pools, and dozens of sports and recreational facilities, with year-round programming.
In some cases, sports teams are even seeking a new jolt of public funding for state-of-the-art stadiums while public entities are still paying off debt from the last round of renovations a couple ...
The third largest Illinois arena after the United Center in Chicago and the Allstate Arena in Rosemont, State Farm Center has 15,544 permanent seats but, when portable chairs are placed on the floor for an in-the-round performance, there is a potential for an additional 1,000 depending on the stage configuration.