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Ishbia’s Shore Capital to Buy South Loop Amtrak Yard, Reviving Talk of White Sox Ballpark

Amtrak must relocate its South Loop maintenance yard before the site can be redeveloped.

Overview

  • Shore Capital is under contract to acquire the 47-acre 14th Street Coach Yard and has begun early planning for a mixed-use district that could include a Northwestern Medicine facility.
  • Multiple outlets report sources say the parcel is being considered for a future White Sox stadium, though neither the team nor Shore Capital has confirmed any ballpark plan.
  • The White Sox say their focus remains a potential new ballpark at The 78, where the team previously pitched a riverfront site now complicated by a new Chicago Fire stadium under construction.
  • The club’s lease at Guaranteed Rate Field runs through 2029, and Justin Ishbia holds options to assume controlling interest beginning in 2029 with further options through 2034.
  • Amtrak says it is pursuing a larger Midwest maintenance facility to enable relocation, while rail advocates including the High Speed Rail Alliance oppose the sale and urge preserving the yard for rail expansion.