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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.
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22 Articles

Chicago TribuneChicago Tribune
+9 Reposted by 9 other sources
Center

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.

·Chicago, United States
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Crain's Chicago Business broke the news in Chicago, United States on Wednesday, March 18, 2026.
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