Reports that the White Sox were seriously considering a site for a new stadium spread throughout Chicago Wednesday night and into Thursday morning. According to the Sun-Times, the team is considering building a new home at The 78, a 62-acre development in Chicago's South Loop owned by Reliable Midwest.
Naturally, the report draws comparisons to the Bears and their search for new ground. The Bears bought Arlington Park last year and shared potential plans to develop it into a mixed-use site that could include hotels, apartments, bars, restaurants and, of course, a stadium.
One of the big draws for the Bears to leave Soldier Field is the opportunity to finally own their own land. From a pure business perspective, this is a great opportunity. The Chicago Park District owns Soldier Field and leases it to the Bears.
The White Sox are in a similar situation. The Illinois Sports Facilities Authority owns Guaranteed Rate Field and leases it to the White Sox. The team's current contract with GRF runs through the 2029 season.
It's unclear whether Reliable Midwest will sell part of The 78's 62 acres to the White Sox, as the Bears did with Arlington Park. If not, the White Sox will likely have to sign a new lease, even if they move a few miles north to The 78. Reliable Midwest gave up some of the land as it donated land to build the Discovery Partners Institute at the University of Illinois. About past properties.
Looking for more information on this potential move for the White Sox? We're here to help.
Click here for more information on The 78 development project itself.
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