According to Tribune staff reporter Ameet Sachdev, "owners of the Chicago Cubs bought property across the street from Wrigley Field from McDonald's Corp. for $20 million, expanding their opportunities to redevelop areas around the stadium."
Sachdev writes that "a spokesman for Cubs Chairman Tom Ricketts said he and his family have not developed plans for the property yet."
"The area around Wrigley Field has become a lucrative entertainment district with bars, restaurants and rooftops catering to fans. But nearly all of the properties are owned by other landlords. ... Their original plan, which included the use of amusement taxes paid on Cubs tickets, received little political support. But the family continues to have conversations about public financing with Mayor Rahm Emanuel and members of the General Assembly," says Sachdev
Below, courtesy of the Chicago Tribune, is the view of the McDonald's restaurant, a parking lot and Wrigley Field at the intersection of Clark and Addison in Chicago. The Ricketts family has reportedly paid $20 million for the property which includes the McDonald's restaurant and a parking lot. (Antonio Perez/Chicago Tribune)
FULL STORY: Ricketts family buys McDonald's land across from Wrigley Field
New Public Space Outside Wrigley Field Just Another Win for Chicago
Chicago Cubs fans looking to bask in the glory of the team's first World Series victory since 1908 will find a new public plaza and lawn next to the stadium. The plaza will be open to the public on non-baseball days too.
City Nixes Idea to Shut Down More Streets for Cubs Games
Any open streets benefits for a proposal to shut down Clark and Addison streets near Wrigley Field would have been secondary to security concerns—but it's all conjecture after the Mayor's Office nixed the idea.
Chicago Cubs Begin Renovations on Historic Wrigley Field
The controversial 1060 Project to renovate the Home of the Chicago Cubs broke ground over the weekend on a renovation proposal that will allow a mix of uses on the ballpark property.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.
Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.
Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.
MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.
Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Caltrans
City of Fort Worth
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie