nfl

Chicago OKs $424M for Fire stadium infrastructure

Chicago's City Council Finance Committee has voted to allocate $424 million in property tax revenue for infrastructure around the Chicago Fire's new downtown stadium.

The full City Council must still approve the funding, but this represents tangible progress for the project. While the Fire's stadium is privately financed at $750 million, the city is providing significant funds for surrounding area development. milkshake.it.com

This move contrasts with the Bears' stadium situation, as the NFL team continues to explore options in Arlington Heights, Illinois, or Hammond, Indiana, while unofficially hoping to negotiate with Chicago.