Wrigley Field – The 1060 Project

"Construction for the restoration and expansion of 102-year-old Wrigley Field in Chicago, Illinois began at the conclusion of the 2014 baseball season. This six year project involves structural upgrades to the Stadium, improvements to the facade, infrastructure, restrooms, concourses, suites, press box, and bullpens, as well as the addition of restaurants, patio areas, batting tunnels, video boards, an adjacent Office-retail Tower and a new Hotel. The Bleachers were demolished and replaced, and a new underground Clubhouse was constructed for the Chicago Cubs beneath a new open-air Plaza. The 1060 Project is privately funded, projected at $750 million (US). The work will be completed in phases during consecutive off-seasons, each with a maximum 23-week duration extending through the Chicago winter. Ownership mandated that on-going construction cause no disruption to the Major League Baseball season, have no impact on hosting concerts and other special events, and it should not adversely affect seating capacity, or diminish the fan experience.The 1060 ProjectAfter purchasing the Chicago Cubs baseball team in 2009 from the Tribune Company, the Ricketts family began planning the renovation and improvement of Wrigley Field and its near neighborhood surroundings in Chicago, Illinois. What came to be known as the 1060 Project was officially announced at the annual Cubs Convention in 2013. Construction began on the $750M privately funded project in October 2014 at the conclusion of the Major League Baseball season. In their vision, the Ricketts committed the 1060 Project to three primary goals. First and foremost as a MLB franchise, the work should provide a meaningful contribution toward winning the World Series and ending the championship drought which stretched to the last win in 1908. Second, the project should be focused on preserving and improving Wrigley Field. Finally, the project should be committed to outcomes that enable the team to be a good neighbor and provide economic and social benefit to the local community.Constructed as Weeghman Park in 1914 for an estimated total cost of $250,000, the stadium provided seating for 18,000 fans and a home for the Chi-Feds and Whales of the National Federal League. The Chicago Cubs were enticed to move from the West Side Grounds in 1915. In the next 100 years, the Wrigley Field would be sliced apart and expanded, double its seating capacity with the addition of double deck grandstands, be enclosed by bleachers (and an ivy covered wall), and, in 1988, experience its first nighttime baseball game with the addition of lighting.The 1060 Project has a total budget of $750M, with an expected construction value of $350M. It is projected to add over 2,100 jobs to the economy and be completed before the 2020 baseball season. The work will be completed in phases during consecutive off-seasons, each with a maximum 23-week duration extending through the Chicago winter. Ownership mandated that on-going construction cause no disruption to the Major League Baseball season, have no impact on hosting concerts and other special events, and it should not adversely affect seating capacity, or diminish the fan experience."