>> THE >> WHITE SOX ARE COVERING ALL THEIR BASES IN A GLITZY PROPOSAL TO BUILD A BRAND NEW BALL PARK ON THE 78.

THAT'S A PARCEL OF LAND IN THE SOUTH LOOP OWNED BY DEVELOPER RELATED MIDWEST.

IT WOULD NESTLE THE STADIUM RIGHT ALONG THE SOUTH BRANCH OF THE CHICAGO RIVER AND CALL FOR HIGH RISES AND PUBLIC PARK SPACE.

NOT ONLY THAT, THE DEVELOPER PROPOSING A RE-IMAGINING OF GUARANTEED RATE FIELD IN BRIDGEPORT TO BE A SOCCER STADIUM POTENTIALLY TO HOUSE THE SOCCER.

THE CHICAGO FIRE IN THE NEIGHBORHOOD OF AFFORDABLE HOUSING DEVELOPMENTS ON LAND THAT IS CURRENTLY PARKING LOTS PAIR SHOTS JOINS US HERES LOTS OF QUESTIONS.

TELL ME MORE ABOUT THIS.

ALL RIGHT.

WELL, ITS MASSIVE 9 BILLION DOLLAR PLAN UNVEILED JOINTLY BY RELATED MIDWEST.

AND THE WHITE SOX PROMISING.

>> 4 BILLION DOLLARS IN ECONOMIC IMPACT.

200 MILLION DOLLARS IN ANNUAL TAX REVENUE TO THE CITY THAT THESE ARE JUST ESTIMATES AND PROJECTIONS DON'T KNOW WHAT'S REALLY GOING REALIZE HERE.

AND IT ACTIVATES THIS LONG DORMANT PARCEL OF LAND BORDERED BY CLARK ROOSEVELT AND THE RIVER.

REMEMBER, IT HAD BID AND LAST OUT FOR THE CHICAGO CASINO.

IT HAS ONE OTHER THING PLANNED FOR THE SITE.

THE DISCOVERY PARTNERS INSTITUTE, A RESEARCH CENTER.

SO THIS WOULD BE A MAJOR ANCHOR TENANT FOR THAT GIANT PIECE OF LAND THAT YOU SEE THERE.

SOME OF THE BIG SELLING POINTS FOR BASEBALL STADIUM HERE.

THERE'S 3 CTA LIVES WITHIN WALKING DISTANCE, THE RED, THE GREEN IN THE ORANGE.

THERE'S A METRO LINE, THE SOUTH SHORE LINE.

IT GOES TO BED EARLY, BASICALLY HITTING ALL THE NEIGHBORHOODS.

ARE SOX FANS COME FROM THE SOUTH SIDE.

THERE'S.

HIGHWAYS.

THERE'S A EMINENTLY ROADWAY WAS SIDE WALKS FROM THE LOOP IN FROM CHINATOWN AS WELL.

WHAT'S MORE THE DEVELOPER IS PROPOSING TO TURN THE CURRENT GUARANTEED RATE FIELD IN BRIDGEPORT INTO A SOCCER STADIUM AND BUILD ESSENTIALLY A NEW NEIGHBORHOOD OF AFFORDABLE HOUSING WHERE THAT SEA OF PARKING LOTS CURRENTLY SET IN THE RENDERINGS.

LOOK INSANE.

YEAH.

LIKE JUST TO THINK ABOUT JUMBO SCREEN.

CAN YOU IMAGINE THAT SKYLINE, A SEARS TOWER RIGHT THERE IN THE BACKGROUND RIGHT THERE?

I MEAN, STILL A BIG QUESTION HERE.

WHO'S GOING PAY FOR SAID IT'S ALWAYS A QUESTION AND >> REINSDORF, THE OWNER OF THE WHITE SOX KIND OF HAS A HISTORY OF THE TAXPAYERS FOOTING THE BILL FOR HIS STADIUMS.

>> AND FOR THE IMPROVEMENTS IN STADIUMS AND THE WHITE SOX 10 KEEP ALL THE REVENUE.

SO THERE'VE BEEN REPORTS THAT THE WHITE SOX ARE LOOKING TO EXTEND A 2% HOTEL TAX THAT IS PAID FOR GUARANTEED RATE FIELD AND PAID FOR SUBSEQUENT UPGRADES GUARANTEED RATE FIELD.

GOVERNOR PRITZKER'S POURED COLD WATER ON THE NOTION OF ANY PUBLIC MONEY SAYING HE BELIEVES THOSE ORGANIZATIONS WOULD PAY FOR THEIR OWN FACILITIES ON THEIR OWN WITH THE PUBLIC HELP COMING FROM MAYBE INFRASTRUCTURE IMPROVEMENTS.

THE RELATED MIDWEST DOES HAVE 140 MILLION DOLLARS IN PUBLIC TAX MONEY AT ITS DISPOSAL TO HELP DEVELOP THE ENTIRE SITE.

BUT SO THINKING 9 BILLION DOLLARS 140 BILLION 1 MILLION DOLLARS, FRACTION OF A FRACTION OF A PENNY HERE.

SO THEY'RE GOING TO LOOKING FOR MORE.

SO I DID SCROLL THROUGH SOCIAL MEDIA TRYING TO SEE WOOD.

>> PEOPLE WERE SAYING WHAT I FOUND INTERESTING, THERE WAS SOME PEOPLE WHO ARE COMMENTING THAT, YOU KNOW, THEY WOULDN'T BE A CELL SITE TEAM ANYMORE.

BUT THEN TONS OF COMMENTS WERE LIKE THIS WOULD BE AMAZING.

THIS WOULD BRING MORE OF AN AREA FOR PEOPLE TO GO OUT AFTER THE PAUL PARK LIKE MORE NIGHTS, EVEN WHAT?

WHAT ARE YOU HEARING?

DON'T YOU KNOW, IT'S STILL THE SOUTH SIDE.

IT'S THE SOUTH LOOP AND YOU'VE GOT CHINATOWN RIGHT THERE.

IT'S WHAT, 15 BLOCKS NORTH OF BRIDGEPORT WHERE THEY ARE NOW.

I MEAN, I OTHER SOX FANS LIKE, WHERE ARE WE GOING TO PARK?

>> THE NO PARKING LOTS IN THIS PLAN.

BUT I THINK THE IDEA IS TO GET PEOPLE THERE VIA PUBLIC TRANSIT.

YOU KNOW, IT'S BEEN POSITIVE SO FAR FROM THE MAYOR AND THEN ALDERMAN PAT DOWELL A A WHO REPRESENTS THE WAR WITH A 78 IS ESPECIALLY WITH THE THOROUGHNESS OF THE VISION TO BUILD INACCESSIBLE NEIGHBORHOOD.

YOU KNOW, AROUND THE BALLPARK, THAT KIND OF LOCKING OFF FROM EVERYTHING.

BUT THERE'S THE COLEY ALDERWOMAN IN BRIDGEPORT.

11TH WERE SHE SENT US THIS STATEMENT, QUOTE, I MEAN, UNYIELDING AND MY DESIRE FOR THE SOX IN BRIDGEPORT TO CONTINUE OUR 100 PLUS THE RELATIONSHIP PAST 2029.

THAT'S WHEN THIS DEAL EXPIRES FOR GUARANTEED RATE FIELD.

WE'RE CONVENING A WORKING GROUP RIGHT NOW TO FOCUS ON HOW TO CONTINUE TO MAKE THE 35TH STREET QUARTER DESIRABLE FOR THE TEAM AS WELL AS OUR NEIGHBORHOOD AND SO NORMALLY YOU GET PUSHED BACK FOR THESE KINDS OF STADIUM PLANS FROM MIKE.

THE RESIDENTS, ESPECIALLY IN A RESIDENTIAL NEIGHBORHOOD.

BUT IN THIS CASE, WE SPOKE WITH THE PRESIDENT OF THE SOUTH LOOP NEIGHBORS ASSOCIATION.

HE SAYS LET'S PLAY BALL.

>> LET'S PLAY BALL DEVELOPMENT IN A WISE EFFECTIVE MANNER WILL BENEFIT THE SOUTH YOU KNOW, RIGHT NOW YOU GO DOWN IN CERTAIN AREAS.

IT'S A FLUKE.

>> AND YOU SEE EMPTY STORE FRONT AFTER EMPTY STOREFRONT.

AND WE DO NEED SOMETHING TO JUMP START THE DEVELOPMENT OF SOUTHWEST.

>> WELL SAYS THERE ARE SOME CAVEATS, ESSENTIALLY WANTS TO SEE THE TEAM IN THE CITY FOCUS ON MAKING SURE THE LION SHARE OF THE TRAFFIC COMES FROM MASS TRANSIT MODES OTHER THAN DRIVING AND PARKING IN THE NEIGHBORHOOD, WHICH IT DOES SEEM IS A CORNERSTONE PART OF THIS PLAN.

>> BUT WE DO THINK THAT THERE'S PROBABLY SOME SOME THINGS THAT SHOULD BE DONE PART EVEN THE BALL PARK BEING BUILT WHERE THE RED LINE STATION AT THE 15TH PROBABLY BUILDING A NEW METRO YOU KNOW, THE OTHER THING THAT COULD BE USED THERE'S AN OPERABLE OPEN UNUSED A BRIDGE OVER THE RIVER.

THAT THAT WE CAN IN THEY COULD POTENTIALLY USE THAT YOU KNOW, TO BRING BUSES RIDESHARES, A TAXIS, ETC.

>> LOT OF EXCITING PLANS.

BUT OF COURSE, THIS IS JUST THE BEGINNING.

IT'S GOING TO NEED APPROVAL FROM ZONING IN THE CITY.

IT'S GOING TO NEED APPROVAL FROM ILLINOIS