Bears, business group push to make Arlington Heights subsidy plan more than just X’s and O’s on a blackboard

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Supporters of a new plan to subsidize a proposed Arlington Heights stadium for the Chicago Bears are drawing up a play that is so far missing a quarterback in Springfield.

In fact, most of its backers are still in the huddle.

In a summary of the proposal, the team said 35 other states have a similar tax incentive to attract major developments, leaving Illinois at a disadvantage. The Bears’ proposal would apply the PILOT incentive only for projects with more than a $500 million capital investment. A stadium alone in Arlington Heights is estimated to cost at least $2.5 billion.

But now, supporters of the incentive, including the Illinois Chamber of Commerce, are trying to round up support — using the argument that without state support for the Bears, the team could pack up and leave. In September, the Bears laid out the groundwork to seek some sort of public subsidy for a massive, mixed-use stadium development they are exploring on the Arlington Heights site. The team said it wouldn’t seek public funding for stadium construction, but would ask for "additional funding and assistance" for a broader, mixed-use development it called one of the largest in Illinois history.

 

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