$500M Wrigley Field Face-Lift Plan Scores Key Approval

Law360, New York (April 15, 2013, 2:08 PM EDT) -- After several months of negotiations, Chicago officials have finalized a deal with the Chicago Cubs to get the ball rolling on a $500 million renovation of Wrigley Field and the development of nearby property, they announced Monday.

Per the agreement, the city will approve various signage requests, including adding a digital sign in the ballpark, and support plans to build a hotel, offices and retail space near the stadium by the Ricketts family, the owners of the Cubs. In turn, the family will make various community...
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