South Loop Rail Yard Could Be Home to New White Sox Ballpark
Shore Capital Partners plans a mixed-use redevelopment including a potential Northwestern Medicine facility on a 47-acre South Loop rail yard amid White Sox stadium site speculation.
- On Wednesday, Shore Capital Partners—the private equity firm of Chicago White Sox owner-in-waiting Justin Ishbia—confirmed it is under contract to purchase a 47-acre Amtrak rail yard in the South Loop.
- The site sits across the Chicago River from The 78, a vacant development where the Chicago White Sox previously explored building a new ballpark before failing to secure public funding.
- Shore Capital is exploring a mixed-use development for the property, including a potential healthcare facility and medical innovation hub in partnership with Northwestern Medicine, according to a spokesperson for Ishbia.
- Opposing the sale, the High Speed Rail Alliance cited concerns over Union Station access, while Alderman Byron Sigcho Lopez questioned the process for lack of city and state engagement.
- Amtrak must relocate its maintenance operations for redevelopment to proceed, though the agency is pursuing opportunities for improvements, while the Chicago White Sox lease at Rate Field runs through 2029.
22 Articles
22 Articles
Justin Ishbia poised to buy rail yard, fueling speculation it could become part of White Sox stadium site
Billionaire investor Justin Ishbia is on the verge of buying an Amtrak rail yard just across the Chicago River from The 78.
Justin Ishbia's Shore Capital Partners to buy South Loop land that could be used for new White Sox stadium
The White Sox may have taken the first step to securing land that could be home to a new stadium.On Wednesday, owner-in-waiting Justin Ishbia’s private equity firm, Shore Capital Partners, was in the process of buying a 47-acre rail yard in the South Loop. Justin's brother, Mat, owns the NBA's Phoenix Suns.The piece of land is located across the Chicago River from The 78, where the Sun-Times reported the Sox were considering building a new stadi…
Report: White Sox owner-in-waiting's private equity firm set to purchase South Loop land that could be home to new ballpark
Crain's Chicago Business reports that White Sox owner-in-waiting Justin Ishbia's private equity firm, Chicago-based Shore Capital, is close to a deal to purchase a 47-acre rail yard from Amtrak, the 14th Street Coach Yard, that's near the southwest corner of the Loop and across the river from the 62-acre development site known as "The 78."
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