Chicago Fire FC has unveiled its vision for a new soccer stadium, estimating the project at $650 million, which will be financed by billionaire owner Joe Mansueto.
The proposed stadium will be located in the South Loop area, specifically on the north end of a parcel known as The 78, where fans will be able to easily access the 22,000-seat venue coming down from Roosevelt Road.
This site, previously sought after by White Sox owner Jerry Reinsdorf for a new stadium, has officially been earmarked for the Fire, paving a smoother path for city approval.
The design of the stadium aims to reflect Chicago’s industrial heritage while exuding a modern elegance, according to Fire president Dave Baldwin.
Baldwin indicated that elements such as a brick facade, steel, and glass were crucial to capture the essence of Chicago’s identity.
He expressed the hope that whether it’s the stadium’s opening day in 2028 or 50 years down the line, its design will continue to resonate with the character of the city.
One of the factors giving the Fire an early advantage in their proposal is that Mansueto plans to fund the entire project without asking taxpayers for financial assistance.
Meanwhile, megadeveloper Related Midwest aims to leverage a $450 million tax increment financing (TIF) district that was established years ago to manage the necessary infrastructure investments in the area.
Baldwin pointed out that key TIF funds would primarily focus on enhancing connectivity from Roosevelt Road to the stadium and the adjacent riverfront.
As part of this vision, fans will descend about 35 feet from Roosevelt onto a “victory plaza” that will cleverly conceal a parking podium and lead them directly to the stadium concourse.
Notably, the playing pitch will be situated at ground level, enhancing the overall viewing experience for fans.
This new stadium is expected to host approximately 20 home games for the Fire each year, along with an additional dozen major events, including international soccer friendlies, concerts, and comedy shows.
Baldwin enthusiastically suggested the potential for hosting performances by well-known comedians such as Sebastian Maniscalco or Kevin Hart during July 4th weekend right along the river.
The stadium could also serve a variety of other events in its offseason, including weddings, bar mitzvahs, corporate functions, soccer clinics, and nonprofit gatherings.
In light of these ambitious plans, Baldwin and officials from Related Midwest are preparing to engage with the local community, sharing details of this proposal with nearby residents.
Baldwin acknowledged that while an uptick in traffic is anticipated with the new stadium, he believes the impact on local residents will be relatively manageable.
The context of the stadium proposal is further complicated by the possibility that the White Sox may also seek to establish a venue within The 78 site.
Although the Sox were unable to secure public funding for a new stadium, recent developments suggest a potential change in ownership dynamics that could influence their plans.
Billionaire Justin Ishbia is reportedly looking to acquire controlling ownership of the White Sox, heightening discussions about a new ballpark among stakeholders.
Local Alderman Pat Dowell has indicated doubts about whether two stadiums could coexist in the same area, but Baldwin has stated that the Fire are keeping their options open.
He expressed enthusiasm about the Fire being the anchor tenant and is optimistic about Mansueto’s commitment to catalyzing the development at The 78.
Yet, he mentioned that if, over time, the White Sox show interest in relocating there and if discussions align with community interests, they would be willing to have those conversations in the future.
For now, however, the Chicago Fire FC’s focus remains squarely on bringing this significant project to fruition.
image source from:https://chicago.suntimes.com/sports/2025/06/16/chicago-fire-stadium-south-loop-renderings-the-78-joe-mansueto