NWI Region Views

Calumet Region is South Side of Chicago and N.W. Indiana,
Focus Here on North Township - Whiting Ind. to Munster Ind.

[NWI Region Views @CalRegionViews]

Great dining this weekend.
Went to Prime Steakhouse on the Square in Crown Point and also to Teibel's.
Watched Argentina win (yay!) at Misfits.
I also liked Harvest Room and the bar at True Eats & Drinks (both in Munster)
https://t.co/2PHuzxbw3q

[NWI Region Views @CalRegionViews]

https://t.co/m6599lil7P

[Stage & Screen @Vendona]

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[Stage & Screen @Vendona]

The $1 Buyout Option:
The Bears would sign a 35-year lease as tenants. Once the public construction bonds are fully paid off, the legal framework grants the Bears an explicit option to purchase the stadium outright for exactly $1
https://t.co/LwZsraszLS

[Stage & Screen @Vendona]

The Northwest Indiana Stadium Authority can acquire the land, issue construction bonds, and legally own the stadium with Total Property Tax Immunity
Because the stadium is legally owned by a public entity, The Bears would escape property taxes for decades.
https://t.co/gzW9GcWfyf

[Stage & Screen @Vendona]

The Indiana General Assembly passed Senate Bill 27, establishing a clear, aggressive blueprint designed to attract the Chicago Bears to the Calumet Region.
The Bears’ board of directors voted to advance Hammond as their priority development track.
https://t.co/4B2MUqYvci

[NWI Region Views @CalRegionViews]

The $5 Billion Split
The total cost of the proposed dome stadium & mixed-use development is $5 billion.
Funding is split cleanly between private equity and public bonding, leveraging Indiana’s AAA credit rating to secure cheap capital.
https://t.co/CVodzhmFOO

[NWI Region Views @CalRegionViews]

• The Bears Share is $2 Billion toward construction of the actual stadium.

• The State's Share is $1 Billion to build the stadium infrastructure, roads, and utility connections

• The "User-Pays" Tax Model: the public bonds are repaid strictly by hospitality and tourism taxes

[NWI Region Views @CalRegionViews]

Indiana has a AAA credit rating & a big budget surplus
Indiana can easily deploy capital swiftly, cleanly, and without the crippling debt service that bogs down Illinois.
So the stadium is a net positive for the NWI Calumet Region and negative for Illinois
https://t.co/tTqpNeustE

[NWI Region Views @CalRegionViews]

Soldier Field:
The 2003 renovation relied heavily on back-loaded, compounding bonds.
The principal was deferred, and the outstanding debt has ballooned to $600 million, leaving Chicago with a massive bill for a stadium the Bears are actively abandoning.
https://t.co/QqClR0Vryg

[NWI Region Views @CalRegionViews]

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[NWI Region Views @CalRegionViews]

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[NWI Region Views @CalRegionViews]

Indiana football sneaks by Michigan in overtime, notches first win in Ann Arbor since 1967 https://t.co/Ruen1rb6mb

[South Shore Line @southshoreline]

Big news for Northwest Indiana! With the Chicago Bears’ Board of Directors voting to “advance” the Hammond option for its new stadium, the South Shore Line is thrilled about the opportunity this could bring to the region.

Read the announcement here: https://t.co/6dMVgzPfjK

[NW Indiana News @NWINews]

Hammond mayor prepares to spend big on "Bears government" in council elections https://t.co/yU0wgfheoE #NWITimes

[NWI Region Views @CalRegionViews]

Braun says Hammond remains in play for Chicago Bears stadium https://t.co/C7tVOpyQ4k

[NWI Region Views @CalRegionViews]

https://t.co/KPYPf0NaGJ

[IU Bloomington @IUBloomington]

#2 most beautiful college campus in the country, mind u

[NWI Region Views @CalRegionViews]

https://t.co/q4Cf2cWQ33

[Joseph S. Pete @nwi_jsp]

Another refinery is locking out union workers over a labor dispute, following BP's lockout of more than 800 workers at the BP Whiting Refinery.
https://t.co/ywo90uGYEg

[Stage & Screen @Vendona]

somewhere back there in the Dust
That same small town in each of us
I need to remember this
https://t.co/kTb4S6UqN4

[Stage & Screen @Vendona]

On March 7th 1929 in this auditorium of the Whiting Community Center, Winthrop Aldrich, representing his brother-in-law, John D. Rockefeller Jr. faced off against Robert W. Stewart, Chairman of the Standard Oil Company of Indiana for control of the company https://t.co/t3ySpSP6sf