News

Chicago council to approve $500 million Wrigley Field upgrades

Chicago council to approve $500 million Wrigley Field upgrades

An general view of Wrigley Field in Chicago, Illinois, April 15, 2013. Chicago Cubs owner Tom Ricketts announced a $500 million development plan to renovate the 99-year-old ballpark. Photo: Reuters/Jim Young

CHICAGO (Reuters) – The Chicago City Council is expected to approve on Wednesday a $500 million proposed renovation of Wrigley Field, the historic home of the Chicago Cubs baseball team.

The 99-year-old ballpark, famous for its ivy-covered outfield walls and hand-operated scoreboard, is a key tourist attraction and has been declared a city landmark, so major plans like a jumbo video message board in left field and a neighboring hotel need approval.

The privately financed proposal includes a $300 million renovation of the park itself and $200 million for improvements outside the park, including the hotel.

The plans have already been approved by the city’s landmarks and plan commissions, and the city council’s zoning committee approved the proposal on Tuesday evening.

The Cubs started playing at Wrigley in 1916 and have not won a World Series since 1908, the longest championship drought in Major League Baseball.

The Ricketts family, which bought the Cubs from the Chicago Tribune in 2009, say they want to change that losing record and need to revamp Wrigley to generate more revenue to invest in the team.

Attendance at the park, which holds 41,100, has fallen to 12th place from 6th place among all Major League clubs over the last 10 years, according to league data. Crowds at home games this year have averaged 33,000, down from an average of 37,000 in 2003.

With the alderman for the densely populated neighborhood surrounding the park agreeing to support the proposal after months of negotiations, the full council is expected to approve it on Wednesday.

What's On 'KLH?

Click 2 Save

click2save_wp2

Shop now for great deals from local businesses! See today’s current offers.

Hire Me MKE

HireMeMKE_620x400

Looking for a job around the Milwaukee area? Check out some openings>>

Wanna Play DJ?

HEYMOM

You can host your own show Sunday night at 6 on ‘KLH!

Recent Headlines

today in Entertainment

Today in entertainment history: April 25

elvis

On this day in 1977 a legend made his final recording.

yesterday in Entertainment

‘The Other Woman’ serves up revenge in comic female fantasy

other

"The Other Woman" is a somewhat rare species - a comedy by women, about women and for women.

yesterday in Entertainment

Judd Apatow’s ‘Simpsons’ episode to air after 24 years

simpsons

The "Knocked Up" writer/director submitted a script in the 90s. Now it's finally being made.