The Chicago Bears embarked on a new era with the purchase of a site in Arlington Heights where the team hopes to build a new enclosed stadium with a massive entertainment and residential development.

Despite the sale, the organization maintains the stadium and development are still big “ifs,” dependent on the team getting certainty on property tax limits and public subsidies to help build infrastructure for the project. But the team issued an open letter calling the purchase “an important next step” to see if the plan is feasible.

By shelling out $197 million for the 326-acre Arlington International Racecourse site, team officials plan to leave behind Chicago’s Soldier Field in favor of owning their own stadium where they could also hold marquee events like the Super Bowl or NCAA basketball championships.

Here’s what to know about the possible move from Soldier Field, with reaction from City Hall to Arlington Heights.

Workers began demolition on the inside of the former Arlington International Racecourse, another nail in the coffin of the storied horse track, and a step toward a potential new stadium for the Bears.

A backhoe, other heavy construction equipment and workers were seen outside the grand edifice, which won architectural honors and held up to 32,000 fans for nationally known races before being closed by Churchill Downs Inc. in 2021. Read more here.

Catch up on the latest Bears-related headlines out of Arlington Heights.

The divorce is far from a foregone conclusion — the Bears have simply taken the next step, one they’ve been telegraphing for over a year.

If the team leaves Soldier Field, Friends of the Parks Executive Director Juanita Irizarry said she hopes the stadium can host many more concerts each year, easing the increasingly controversial burden on neighborhood parks for big musical events such as Riot Fest in Douglass Park and the recently announced Re:SET festival in Riis Park. Read more here.

Bears Chairman George McCaskey and president/CEO Ted Phillips sat down with the Tribune. Here are some of their answers on how the Arlington project will be handled as Phillips prepares to depart, how Phillips reflects on his tenure and much more. Read it here.

While the Bears have called Soldier Field home since 1971, the team has discussed or proposed playing its games elsewhere throughout much of the last 50 years.

Wrigley Field served as the original home venue for the team when it moved to Chicago in 1921 and remained there through 1970. The team won nearly 70% of its home games during that span.

But the Bears were forced to find a new home after the American Football League merged with the National Football League and required stadiums to seat at least 50,000 fans. The team played its last game at Wrigley Field on Dec. 13, 1970, beating the Packers 35-17. Read more here.

If the Bears dare to dream big about a new stadium in Arlington Heights, they can find inspiration in SoFi Stadium, the new star attraction of the NFL.

The league’s largest and most expensive arena and the site of the Super Bowl, SoFi, just outside Los Angeles, is overwhelming fans with its sweeping curves and epic scale. The stadium and its development highlight certain parallels to the Bears’ proposal to buy and redevelop Arlington International Racecourse. Both reflect desires to leave century-old stadiums and home cities for vast sites that allow for planned enclaves of surrounding restaurants, hotels, offices, stores and homes. Read more here.

Fans were exponentially more understanding than Chicago Mayor Lori Lightfoot and some even expressed a draft day-like optimism that better days are ahead. They dreamed openly of shorter concessions, easier parking, better tailgating opportunities and a domed stadium that protected them from biting winter winds.

“I’ve been to multiple stadiums in the NFL and Soldier Field does not compete with any of them,” Bears season ticket holder Neal Shah of Wheaton said. “On game days, the television crews show an aerial view of the stadium, which is beautiful, but the logistics are terrible.” Read more here.