The Stadium Bidding War Shaking Up the Midwest
The Chicago Bears are weighing three possible homes for a new stadium: downtown Chicago, suburban Arlington Heights and Hammond, Indiana. The competition has turned into a high-stakes economic development battle involving billions of dollars in potential investment, tax incentives and public financing. Supporters say a new stadium could generate jobs, development and tax revenue, but former Indiana Governor Mitch Daniels warns that emotion can push politicians into deals that leave taxpayers pa…