White Sox owner Jerry Reinsdorf is willing to contribute financially to the team’s stadium project. According to Crain’s Chicago Business, Reinsdorf is proposing to help finance a new stadium on “The 78”, a vacant 62-acre plot in the South Loop, just south of downtown Chicago.
Executives from the White Sox and Bears are advocating for public assistance to secure funding for new stadiums. The White Sox are pursuing state funding for a new stadium in the South Loop, while the Bears are exploring financing options for a new stadium south of Soldier Field on Chicago’s lakefront.
Formal renderings have been revealed along with new details for the proposed White Sox stadium within The 78. Located on the massive 62-acre vacant lot along the Chicago River and near the South Loop, the team will relocate from their current home at Guaranteed Rate Field near Bridgeport. The proposal is being led by the team and developer Related Midwest with an undisclosed architect.
The Chicago White Sox are reportedly in discussions with Mayor Brandon Johnson and developer Related Midwest over a potential new baseball stadium within ‘The 78’, a 62-acre mixed-use development project in South Loop. The long-underdeveloped plot has undergone multiple iterations in recent years for a sprawling new neighborhood with residential and office buildings, public spaces such as parks and promenades, and most recently the University of Illinois’ Discovery Partners Institute, with its construction expected to begin this year.