City Council approves Wrigley Field renovation deal

Historic Wrigley Field will indeed undergo a major, renovation project.

Chicago aldermen approved on Wednesday the Cubs’ proposal to spend $500 million to overhaul the ballpark, and build a hotel, and office-retail complex nearby. The approval comes after months of intense negotiations between the Cubs, Mayor Emanuel, and 44th Ward Ald. Tom Tunney.

The plan calls for a 5,700-square-foot video board in left field, and a see-through billboard in right field.

The agreement is expected to boost tax revenue and does not include a taxpayer subsidy.

The deal doesn’t include some other hot button issues, including a proposal to extend the right field wall back even farther. The team also agreed to drop its request for a pedestrian bridge over Clark Street.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

5 comments

Follow

Get every new post delivered to your Inbox.

Join 627 other followers