Hammond, Indiana leaders react to news
Chicago Tribune • • sports
Key Points:
- An amended bill to fund a potential Chicago Bears stadium in Hammond, Indiana, was unveiled and passed unanimously by the House Ways and Means committee, with strong support from Northwest Indiana political and business leaders.
- Hammond Mayor Thomas McDermott emphasized the stadium as a transformative opportunity for the region, noting the Bears' potential to replicate the economic impact similar to the Colts' move to Indianapolis.
- The proposed $3 billion project includes a $2 billion Bears investment and approximately $1 billion from the state, financed through bonds repaid via local taxes, including a proposed admissions tax, food and beverage tax, and innkeepers tax in Lake and Porter counties.
- The stadium would replace the Lost Marsh Golf Course, pending city council approval, and
