Chicago Bears
Arlington Heights could host one of Chicagoland’s greatest economic engines. HR&A advised the Chicago Bears on transforming a 326-acre site into a state-of-the-art stadium and mixed-use entertainment district, providing economic impact projections, market analysis, and financial feasibility that support the team’s approval efforts and stakeholder engagement.
The Chicago Bears needed a comprehensive analysis to evaluate relocating to a 326-acre site that would include a state-of-the-art NFL stadium and mixed-use entertainment district. HR&A conducted economic and fiscal impact analysis to measure new benefits to the municipality, county, and state, while leading market analysis to determine optimal programming based on regional development trends and national stadium district benchmarks. We conducted financial feasibility analysis and land valuation to test the initial purchase price and worked with the master planning team to evaluate program alternatives that would drive the highest value and create a vibrant district.
The Bears continue to use HR&A’s impact analysis and strategic narratives for stakeholder engagement and regulatory approval processes. Our market research and financial modeling positioned the team to make informed decisions about programming that balances community benefits with economic viability. HR&A continues to provide strategic advice as the project moves through approval and development phases, ensuring the development strategy remains aligned with market conditions and community priorities.
