Chicago Bears provide update on new stadium plans

Team to invest over $2 billion in lakefront domed project

The Chicago Bears unveiled their plans to build a new domed stadium on the city's lakefront during a public presentation Wednesday at Soldier Field. The team said it will invest over $2 billion in the project, which will include a retractable roof and a capacity of up to 70,000 fans.

The new stadium will be located on a 326-acre site just south of Soldier Field, and is expected to be completed by 2026.

The Bears said the new stadium will be a "world-class" facility that will help the team compete for championships and attract major events to Chicago. The team also said the stadium will be a catalyst for economic development in the surrounding area.

The announcement comes after months of speculation about the Bears' future stadium plans. The team had previously been considering a move to Arlington Heights, but those plans were scrapped earlier this year.

The Bears' new stadium plans have been met with mixed reactions. Some fans and city officials have expressed excitement about the project, while others have raised concerns about the cost and the impact on the lakefront.

The Bears said they will continue to work with the city and other stakeholders to finalize the plans for the new stadium.