Chicago White Sox
ABC7 Chicago • • sports
Key Points:
- Developer Canal Edge has proposed "The Railyards," a new riverfront district near Roosevelt and Canal streets, which could include a new stadium for the Chicago White Sox, along with residential, commercial, retail, and healthcare facilities.
- Canal Edge's controlling shareholder, Justin Ishbia, has an agreement with White Sox Chairman Jerry Reinsdorf that includes an option to purchase the franchise after the 2034 season, and the company is conducting a multi-month study to evaluate the site's viability for a new ballpark.
- The proposal also features an outpatient care center by Northwestern Medicine, emphasizing community investment in health, jobs, and long-term growth in the South Loop area.
- Local officials, including 28th Ward Alderman Jason Ervin, have expressed cautious optimism about the development's potential economic benefits, while stressing the need to protect taxpayers and ensure public investments yield clear benefits.
- The Railyards site is located directly across the river from the Chicago Fire's new McDonald's Park, positioning it as a significant sports and community development hub in the South Loop.
