The Chicago Bears have filed paperwork to begin demolition of Arlington International Racecourse, marking a significant step in the team's proposed move to Arlington Heights.
Marking a significant step in the Chicago Bears’ proposal to move to Arlington Heights, the team Wednesday filed paperwork to begin demolition of Arlington International Racecourse.
While the demolition is underway, the Bears will be making their case to the county’s Board of Review that the former Arlington Park’s assessed land value is too high. But fearing a whopping property tax bill, the Bears are asking the Board of Review to knock that assessment down to $37.2 million, which the team argues was the land’s appraised value. A hearing is tentatively scheduled for early June.
Removing the building’s heating, air conditioning, electrical, water and other utilities would also reduce maintenance costs. It’s not clear when the structures would be torn down, but if approved by the village, it could happen this year.
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