Show notes
After more than three years on the legislative backburner, the Illinois House approved a major economic development bill that would clear the path for the Chicago Bears to build a new domed stadium in Arlington Heights.
The bill includes broader economic development provisions, especially for Chicago and Springfield.
Blighted or underused rail yards in Chicago would be eligible for their own type of megaproject aimed at redeveloping and revitalizing the yards. To be eligible, the projects must bring in $40 billion in new tax revenue over at least 40 years and increase transit ridership by 10,000 riders on average each day.
Such legislation could open the door to massive new projects being considered in the city such as a new White Sox stadium being floated for an Amtrak yard along the Chicago River just south of the Loop and the One Central project near McCormick Place.
Host - Jon Hansen
Guest - Ben Szalinski, Capitol News Illinois
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