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Chicago Fire Unveil $650 Million Stadium Plan for the South Loop

  • On Tuesday, the Chicago Fire revealed a $650 million proposal to build a privately funded soccer stadium with a seating capacity of 22,000 at The 78, a development site in Chicago’s South Loop, aiming for an opening in 2028.
  • Following the White Sox’s halted attempt to develop The 78 due to insufficient public funding support, this plan aims to establish a new mixed-use neighborhood anchored by a soccer-specific stadium on the largely undeveloped 62-acre parcel owned by Related Midwest.
  • The Fire have played at multiple venues including Soldier Field and SeatGeek Stadium, but owner Joe Mansueto believes having a dedicated stadium will foster a stronger fan base and increase the franchise’s value.
  • Mansueto wrote an open letter calling the stadium more than a venue, describing it as a space for all fans to celebrate soccer, while MLS commissioner Don Garber praised him for reshaping soccer's future in Chicago.
  • If approved by the city council, the stadium is expected to transform The 78 into a vibrant South Side sports and entertainment hub similar to Wrigleyville, marking a landmark moment for Chicago sports and the Fire club.
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Chicago Sun TimesChicago Sun Times
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The billionaire owner of Chicago Fire FC has agreed to spend $650 million of his own money to finance a 22,000-seat, soccer-only stadium on the vacant South Loop lot known as “The 78,” but dozens of millions of public dollars would be needed to prepare the site for development as it has long been dormant. Joe Mansueto, founder and president of Morningstar, a Chicago-based financial services firm, described the open-air stadium, which he hopes to…

·Chicago, United States
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NBC Chicago broke the news in Chicago, United States on Tuesday, June 3, 2025.
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