Things the northwest suburbs have: houses
Things the northwest suburbs don't have: a 65,000-seat domed stadium for a football team that sucks

The choice is clear

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So I'll put you down for the suburbs not having enough houses.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

Would Arlington Hts be better with significantly more houses?

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Elections have consequences.

Yes, I agree that demand for middle-class housing exceeds supply.

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It'd probably be about the same. With Duh Dome for Duh Bears, it'd be significantly worse.

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It still amuses me that you became a NIMBY after years of talking about how sports stadiums shouldn't be funded by the public because it may have inconvenienced you.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

I still don't think they should be financed by the public. That's why I was so disgusted by the Bears' proposal for the lakefront. I also don't want them out by me.

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300+ acres of family housing would be difficult to absorb…much more difficult to absorb than a Kenny Chesney residency.

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Did nobody tell Warren that he was supposed to fucking bribe these people? The fuck man. Where's his head?

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"Play until it hurts, then play until it hurts to not play."
http://soundcloud.com/darkside124 HOF 2013, MM Champion 2014

So where should the Bears buy land and build a stadium?

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

Just build it in Arlington Heights. Kevin Warren obviously doesn't know anything about Chicago politics. ITS NEVER GOING TO HAPPEN!!!

Well, seeing as they got the state to build them a monstrosity that hasn't been paid off yet, maybe they shouldn't build one anywhere.

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Turns out this is much harder than the time he built a stadium in Minnesota with zero help from the real estate billionaire owner.

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…….

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2018
#ExtendLafleur
10 More Wins

It's not the Bears fault that Soldier Field hasn't been paid off. 20 years later, the loan has had $15 million in principle and $256 million in interest paid. It's been mismanaged by the government.

The Bears actually paid a comparatively huge amount every year to use Soldier Field with very little control of it. The Bears pay about $7 million to use Soldier Field and they only get about 1/3rd of the parking revenue.

Even with that said, the Bears in effect would be paying off that entire debt by what they are willing to provide for a stadium they still won't own.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

You know the Bears want the gov to further re-finance that debt out another 40 years right? The new lakefront stadium's pricetag with that included is estimated at $7 billion.

Are you saying the Bears pay $7 million a game to use Soldier Field or per season?

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They'll be writing a $2 billion check. I think that can cover the current loan.

The pricetag isn't $7 billion. That's the cost after 40 years.

Per season.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

The refinance cost is a direct part of the new stadium plan. The new stadium doesn't happen under the Bears plan without the 40 year refinance.

$7 million per season is nothing, that's an incredible deal.

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When you buy a house do you consider it to be the cost you paid the sellers or the cost you will pay for a 40 year loan?


How much should the Bears pay for 10 games a year in the stadium?

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

I hope this name sticks.

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When I buy a house I don't ask the government to pay for it by refinancing my last home at higher interest rates for another 40 year term

I don't know exactly but less than a million dollars per game when they essentially own the stadium but don't have to pay property tax is an incredible deal.

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Again, the Bears are paying $2 billion for the new stadium. That far exceeds the current loan on Soldier Field. If your concern is that the loan that was heavily mismanaged by the government to have virtually none of the principal actually paid on just consider part of that $2 billion to be the Bears paying that off.

They don't essentially own the stadium. They don't even somewhat own the stadium. They also likely pay more in rent + parking fees than any other NFL team and it doesn't seem to be close. Green Bay is at $1 million. The Cowboys pay $2 million. The Colts pay $250k and keep a good portion of the revenue from other events hosted there like the Final Four.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

That's my point, the $2 billion won't cover the current loan on Soldier Field because the current loan on Soldier Field will be refinanced for 40 more years at higher interest rates.

Have you seen their lease agreement? https://assets.chicagoparkdistrict.com/s3fs-public/documents/contracts/Bears%20Permit%20Operating%20Agreement.pdf

The Bears have incredible power there.

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What do you mean? The Bears aren't paying for 100% of the new stadium since they won't own it. It will easily pay for the current loan that has been mismanaged by the government to the point where they've paid a quarter billion in interest and only removed like $15 million of principal.

Yet they pay $7 million a year and give up 2/3rd of the parking revenue.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

The $2 billion will not cover the estimated $7 billion the new stadium will cost once the bonds from the original Soldier Field reno are refinanced, which, under the Bears plan, is a necessity in order to get more taxpayer dollars for the construction of the new stadium. The Bears $2 billion was not going to the outstanding principal on the bonds. It was a carrot to get their real goal, the hotel tax fund money. The Bears proposal also has them keeping 100% of all stadium event revenue while not owning it, a total nonstarter.

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You keep on saying this. Everyone knows that the Bears aren't paying for 100% of the cost of a stadium they won't own. However, you keep on ignoring the fact that the Bears are providing $2 billion when the remaining cost of the current loan on Soldier Field is about $640 million.

The non-football event revenue would be negotiated. The Bears won't end up with 100% of it. They'll end up with some of it.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

Do you not understand that refinancing that $640 million loan for another 40 years is what the entire Bears plan hinges on? Without that the entire plan falls apart, the refinancing is the mechanism for how the Bears get taxpayer funds. Once the refinance occurs the total cost of construction of a new stadium, including the refinance, comes to an estimated $7 billion. So the Bears will have paid $2 billion out of the total $7 billion cost. I'm not ignoring the $2 billion, you're ignoring that without the refinance of the $640 million, there is no new stadium at all.

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Housing demand exceeding supply is an external factor due to interest rates the meddling of our Federal Government. It was not that long ago you had a good balance of housing turnover

I agree with you that the Bears stadium is not in the best interests of Arlington Heights residents....all things being "normal" Commercial development would actually be a better use of the land, just not Bears / NFL commercial.

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I think whatever post-Bears plan ultimately comes forth will be some sort of mixed-use residential. My concern there, though, is the same as it was for McCaskeyland: I feel like the downtown shopping/restaurant district is kinda tenuous even in the best of times. The Metropolis has been bailed out like three or four times now or something. (Mago and their giant burritos still chug along unabated off the lobby, though.) Having an Arlington Park and an Arlington Heights would cannibalize the market. It wasn't that long ago that the village had plans for a second downtown between Mariano's and Recreation Park, which, other than slapping up a 5-over-1 and tearing down some body shops to put in a rain garden, hasn't really happened.

Maybe they can build a new grandstand and put in a racetrack.

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i think the idea is you can get more annual revenue out of arlington. the city believes the bears will rejuvenate downtown, but i dont think people will move by the water because of whatever they build down there. but many will move to arlington if they can afford to, and thats the clients theyre seeking.

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the world will always the world. your entire existence is defined by your response.