In a statement issued Friday, the team explained that its"goal of building the largest single development project in Illinois history led by billions of dollars in private capital investment, and the jobs and economic benefits generated, is at risk in Arlington Heights."
As part of a triennial reassessment, the Cook County Assessor placed the land’s value at $197 million, close to the amount the Bears paid for it in February. Churchill Downs objected – appealing the issue to the Cook County Board of Review.
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