Chicago Fire to Build $650M South Loop Stadium

Chicago Fire FC plans to build a privately funded, 22,000-seat soccer stadium at The 78 in the South Loop, with owner Joe Mansueto committing $650 million for the project. The stadium is set to open before the 2028 MLS season and will anchor a larger entertainment district featuring restaurants, retail, offices, residences, and green spaces along the Chicago River. The development aims to create thousands of jobs and revitalize a long-stalled mixed-use neighborhood. While the stadium itself won't use public funds, infrastructure improvements for the area may seek city support through tax-increment financing, pending City Council approval. This approach differs from other recent Chicago stadium proposals, such as the White Sox's rejected bid for public financing. The new venue will position the Fire among the few MLS teams with their own dedicated stadium.