'The Railyards:' New renderings show proposal for riverfront Chicago White Sox stadium
CHICAGO (WLS) -- A developer released a proposal for "The Railyards" which could potentially be home for a new riverfront home for the Chicago White Sox.
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The developer Canal Edge said the company already has the riverfront property near Roosevelt and Canal streets under contract.
The proposal says the new district would "combine transit-oriented residential, commercial, and retail development; a potentially viable new ballpark option for the Chicago White Sox; and potential healthcare offerings by Northwestern Medicine."
Canal Edge Controlling Shareholder Justin Ishbia said the company has an agreement with White Sox Chairman Jerry Reinsdorf that includes an option to purchase the franchise following the 2034 season.
"The Railyards" location sits directly across the river from the Chicago Fire's new McDonald's Park.
Ishbia said the concept of the Sox moving to the South Loop is still in its early stages.
The proposal also includes an outpatient care center for Northwestern Medicine.
"The South Loop presents an opportunity to create something bigger than a healthcare facility or a stadium. It's an opportunity to strengthen an entire community," said Howard Chrisman, MD, president and chief executive officer, Northwestern Memorial HealthCare. "When Northwestern Medicine invests in a community, we are investing in health, jobs, opportunity and Chicago's long term future."
