Justin Ishbia’s company reveals White Sox stadium plan at Chicago rail yard

  • Canal Edge revealed renderings for a potential new White Sox stadium in Chicago.
  • 47-acre Amtrak rail yard would anchor the proposed Railyards redevelopment.
  • Chicago Fire has broken ground on a $750 million stadium nearby.

A company controlled by minority Chicago White Sox owner Justin Ishbia has revealed plans for a potential new stadium on the 47-acre Amtrak rail yard south of Chicago’s downtown Loop and along the Chicago River’s west bank. The ballpark would anchor The Railyards, a large mixed-use redevelopment, near the site of a previous White Sox plan that did not proceed. Major League Soccer’s Chicago Fire has already broken ground on a $750 million stadium on the river’s east side. Ishbia’s Shore Capital Partners has contracted to purchase the rail yard and reportedly contributed $125 million toward relocating the Amtrak facility to nearby Bridgeport. The Federal Railroad Administration has awarded $572 million in grants toward the relocation project, estimated to cost $900 million. Ishbia is expected to become the White Sox principal owner under an investment agreement with current chairman Jerry Reinsdorf, who can sell his controlling interest between 2029 and 2033; Ishbia will have the right to acquire it by 2034. The White Sox have played at Rate Field since 1991, following Comiskey Park’s 1910-90 tenure.

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