Chicago’s Wrigley Field set for $500m renovation

Plans for a $500 million renovation of Wrigley Field, home of Major League Baseball (MLB) club the Chicago Cubs, has been approved by the Chicago Plan Commission.

The 99-year-old stadium will receive a $300 million redevelopment and the proposals also include building a new 175-room hotel and a office-retail building. The plans have received the support of local alderman Tom Tunney and mayor Rahm Emanuel, all but assuring the project will go forward.

Emanuel said: “I’m pleased this next important step has been taken to help ensure the Cubs can modernise Wrigley Field and bring investments to Lake View that will benefit residents and Cubs fans alike.”

Tunney added: "Through months of negotiations and discussions, we now have arrived at the point where I have no objections to this project."