Chicago is getting a $650 million soccer stadium in South Loop
Owner and chairman of the Chicago Fire Football Club since 2018, Joe Mansueto built his business, family and life in the Windy City. Now the billionaire is planning to spend $650 million of his own cash on a new privately funded soccer stadium and entertainment district in the Chicago's South Loop. Located just south of Roosevelt Road, along the Chicago River, the stadium is expected to open in the spring of 2028 in Chicagoland's newest neighborhood: The 78.
This literal game-changing project will anchor The 78, "a $7 billion mixed-use project planned by developer Related Midwest for 62 acres of former railroad property along the South Branch of the Chicago River in the Near South Side community area, per the City of Chicago website. The Chicago Fire Football Club's new home will build up the neighborhood, with more local jobs, economic development, and a burst in community resources. What's more, along with both the proposed stadium and the surrounding green space, the project includes mixed-use expansion, with restaurants, retail and office spaces, and residential buildings.
The decision to construct a new stadium ensures the longevity of the Chicago Fire in Chicagoland. Previously, home matches were played at Soldier Field—however, playing at a soccer-specific stadium will undoubtably improve not only the player experience, but the fans, too. Long supporters of the city, Chicago Fire was the first MLS club to build up a charitable foundation, which gives millions of dollars to underprivileged youth throughout the city.
"This project is more than just a stadium. It's a space for fans of all ages, backgrounds and neighborhoods to come together and celebrate the beautiful game—right in the heart of our city. It's about investing in Chicago, not just on match days, but every day as a committed community partner," Mansueto wrote in a public statement. "The Chicago Fire is a Club on the rise. And soon, we'll have a permanent home that reflects the passion, energy and pride of the city we love."
In terms of accessing the soon-to-come station, Fire fans will be able to drive and park onsite or take the CTA Red, Orange, or Green 'L' trains, all located within two blocks of the venue. In addition, several CTA bus lines service the area. Set to arrive from the suburbs or other neighborhoods in Chicagoland? The Metra stops within walking distance as well. O, for funsies, you can even take the water taxi on the Chicago River and arrive in style!
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