The Chicago Cubs and the City of Chicago say they have completed a $500 million pact to overhaul Wrigley Field. The agreement, announced last night, includes $300 million in stadium renovations that will feature a large new outfield video screen. It allows the Cubs to play more night games and expands parking with 1,000 remote spaces.
The two sides say in a joint statement that the team hopes to receive city approval for the work before the end of the current season. The team will pay the entire cost of renovating 99-year-old Wrigley and building a $200 million nearby hotel project. Still unclear is whether the plan will please neighborhood rooftop business owners, who have threatened to sue if their views of the playing field are blocked.
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