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“Arlington’s ideal location in Chicago’s northwest suburbs, together with direct access to downtown Chicago via an on-site Metra rail station, presents a unique redevelopment opportunity. We expect to see robust interest in the site and look forward to working with potential buyers, in collaboration with the Village of Arlington Heights, to transition this storied location to its next phase,” said Bill Carstanjen, CEO of CDI.
The race track will host its full schedule of dates from April 30 to September 25. The sale is not expected to be completed before the racing calendar concludes, and the company says any sale is unlikely to impact the calendar.
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It’s not the first time this idea has been looked into. In 1987, Bears ownership reported discussed the possibility of a new stadium at Arlington Park, but their lease at Soldier Field at the time ran through 1999.
The Mayor of Arlington Heights told Crain’s Chicago Business that after recent discussions with a team executive, the Bears aren’t ruling out leaving Chicago and that new stadium on the site of Arlington Racecourse remains a possibility.
Lightfoot said she had discussions with team management as well that focused on making improvements to help the team navigate limited capacity and other challenges Soldier Field presents given it’s location.