Arlington Heights Mayor Tom Hayes said the city plans to encourage an exciting new use for the property. Although the Village does not own or control the property, we will be working with CDI and CBRE to encourage an exciting new use that takes advantage of the uniqueness of the property with the goal of putting it to its highest and best use, Hayes said in a statement. Certainly anything allowed by our zoning and land use regulations is on the table to include some type of mixed-use development or a single-use like an entertainment venue or sports stadium.
As for the speculation over whether the Bears could play at such a stadium, Hayes said it would be up to the team.
CDI Names Rankin Senior Director of Racing
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Churchill Downs Inc to Sell Arlington International
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UpdatedWed, Feb 24, 2021 at 12:38 pm CT
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The 2021 racing schedule at Arlington International Racecourse consists of 68 live race days in the spring and summer, with opening weekend scheduled for April 30. (Google Maps)
ARLINGTON HEIGHTS, IL With opening day just two months away, the future of Arlington International Racecourse is unknown. The flagship racetrack for horse racing in Illinois is for sale, according to Churchill Downs Incorporated (CDI), the Kentucky-based company that runs Arlington. Arlington s ideal location in Chicago s northwest suburbs, together with direct access to downtown Chicago via an on-site Metra rail station, presents a unique redevelopment opportunity, said Bill Carstanjen, CEO of CDI, in a statement. We expect to see robust interest in the site and look forward to working with potential buyers, in collaboration with the Village of Arlington Heights, to transition this storied location to its next phase.