Tag

The 78

All articles tagged with #the 78

sports7 months ago

Chicago Fire's $650M Stadium Plan Sparks South Loop Development Debate

The Chicago White Sox, currently playing at Rate Field, are eyeing a new ballpark at The 78 in the South Loop, but recent developments show the owner of the Chicago Fire plans to privately fund a soccer stadium on the site, potentially blocking the Sox's plans. Despite this, the Sox remain hopeful to develop the land for their new stadium, possibly sharing it with the Fire, and aim to create a nostalgic, privately funded ballpark that appeals to fans and honors Chicago's baseball history.

sports1 year ago

"White Sox Unveil Riverfront-Friendly Design for Potential New Stadium"

Ambitious new renderings from Related Midwest show what a potential new Chicago White Sox Stadium at "The 78" in the South Loop could look like, projecting significant economic impact and community benefits. The proposed location, bordered by Roosevelt Road, the Chicago River, Clark Street, and train tracks near Ping Tom Park, would offer ample public transit access. The move would mark the White Sox's departure from their longtime neighborhood, with the team considering the construction of a new stadium after their lease at Guaranteed Rate Field expires in 2029. Related Midwest also released conceptual renderings for the team's current home at 35th and Shields, acknowledging the need for community input in determining the best use for the land.

real-estate-development1 year ago

"Unveiling the Future: Latest Renderings of Chicago White Sox's South Loop Stadium"

Developer Related Midwest has released additional renderings of the potential new White Sox stadium at The 78 site, showcasing a proposed stadium structure anchoring the high-rise district with home plate at the southwest corner and a new public plaza to the north. Negotiations are ongoing with the White Sox about the possibility of building a new stadium on the 62-acre South Loop property, with discussions involving Mayor Johnson and state representatives regarding potential public funding. The future of Guaranteed Rate Field and the surrounding area is in question as the White Sox consider a move closer to downtown, and Related Midwest has conceptual ideas for the property at 35th & Shields, subject to community input.

sports1 year ago

"The 78: New Renderings of White Sox's Proposed Stadium Unveiled"

The White Sox have released renderings for a potential new stadium at "The 78" near downtown Chicago's South Loop, projecting significant economic impact and community benefits. While the move remains speculative, discussions between the team and city officials are ongoing. Illinois Governor J.B. Pritzker expressed reservations about public funding for private facilities, and "The 78" is a 62-acre area with a history of development plans. The proposed location offers convenient access via public transportation and water taxi.

sports1 year ago

"First Look: Renderings of White Sox's Proposed South Loop Stadium at 'The 78'"

The Chicago White Sox and developer Related Midwest have revealed renderings of a proposal for a new ballpark in 'The 78' area near the South Loop, projecting a $9 billion economic investment, creation of 10,000+ construction jobs, and 22,000+ permanent jobs. The proposal is in its early stages and requires approval from various legislative bodies. The project faces challenges related to tax revenue negotiations, public funding, and potential conflicts with other developments in the area.

sports-and-urban-development2 years ago

"Exploring the Potential Impact of a New White Sox Stadium in South Loop"

Chicago developer Related Midwest plans to build a new White Sox stadium in the South Loop neighborhood, part of a multibillion-dollar development called The 78. The project includes thousands of residences, a hotel, restaurants, an office building, and a school alongside a University of Illinois tech research center. The stadium would serve as an entertainment hub, and while public financing remains uncertain, the potential move has sparked discussions about the use of tax increment financing. The ambitious plans also raise questions about housing market saturation and integration with the Discovery Partners Institute.

sports2 years ago

"White Sox Revive Plans for New Downtown Stadium at 'The 78'"

Recently deleted renderings of a potential White Sox stadium at "The 78" have resurfaced, sparking speculation about the team's future home. The renderings, recovered from social media, depict the stadium facing the wrong way but have reignited discussions about the team's potential move from Guaranteed Rate Field. Chicago Mayor Brandon Johnson and White Sox chairman Jerry Reinsdorf have confirmed ongoing discussions about the team's future home, while Illinois Gov. J.B. Pritzker expressed reservations about public funding for private facilities. "The 78," a 62-acre area in the South Loop, is being considered as a potential location for the new stadium, with convenient transportation options and nearby amenities.

sports2 years ago

"Chicago White Sox Considering Move to 'The 78' for New Ballpark"

The Chicago White Sox are considering a potential new home at "The 78," a 62-acre area located in the South Loop of Chicago, bounded by Roosevelt Rd. to the north, Clark St. to the east, and the Chicago River to the west. The area was originally created from a landfill project and was used as a rail yard in the past. The development group Related Midwest bought the property in 2016 and has plans for mixed-use development, including the University of Illinois' Discovery Partners Institute. The site is easily accessible by public transportation, with several CTA lines and bus routes nearby, as well as a water taxi stop at Ping Tom Park.