Bears thought they got their stadium on lakefront

+1
There is no way this adds up to reality.  Think about it.  The present mayor seems to be different than the last.  So now there is a good vibe between the McCaskeys and Brandon Johnson that wasn't there with former mayor Lightfoot.  The winds of Chicago politics change.  Do you pay $2-billion dollars for the rental on the Lakefront?  What if the Park District starts delivering poor service (again) and the stadium isn't such a nice venue?  

That $2-billion would be 1/3rd of the entire value of the Chicago Bears' present value ($6.3 billion).  All of this just does not add up.  Why would the family want to do this when you can own what looks like a real money-maker property development in Arlington Heights?  

Why would the McCaskey Family do this?  I'm like you, BIH, I just don't get it.  Unless.  Unless the family is going to sell quickly to make a quick buck when Virginia passes (has to be soon with her age).  Maybe the huge scope of the AH development is not what they want to take on because the team will belong to a new owner sooner rather than later.  And I'm not saying the Lakefront thing won't be a huge undertaking too.  But maybe a smaller bite of the apple for the Family than developing something as huge as that large AH business campus.

New site by the museum district. There is local resistance to the plan, however.

I just saw this in the Chicago Tribune.  I think the Bears and the City over-estimate the willingness of taxpayers to take on this extra tax burden in this present economic climate.  I could see some serious backlash here.  JMO.