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." It's located along the Chicago River between Roosevelt Road,

Unofficially labeled as the city's 78th community area, the downtown adjacent land has long been sought after for further development.

Joe Mansueto, the soccer team’s billionaire owner, announced plans for the privately funded stadium in a public letter, saying construction could begin late this year.