The Chicago Fire FC has announced plans to build a brand-new stadium in Chicago. This will be a soccer-specific stadium, in the vacant plot of land in the South Loop, known as "The 78," located along the Chicago River between Roosevelt Road,

The Chicago Fire unveiled plans to build a privately funded, soccer-specific stadium along the Chicago River on Tuesday.

Morningstar founder Joe Mansueto chose to build his own stadium at The 78 in part because it's the political path of least resistance, though it will require tens of millions in subsidies for utilities to prep the site.