What Will the Chicago Cub's Sale Mean to the Lakeview Neighborhood?

Originally Posted on the Chicago 77 Real Estate Blog August 24, 2009

With the sale of the Chicago Cubs finalized to the Rickets family, one has to wonder of the future of the Cubs and Wrigley Field. The franchise and the ball park have become Chicago's most beloved assets. Year round fans flock to the Lakeview neighborhood to take their picture in front of the Chicago landmark. While they are there they enjoy the shops, bars, and restaurants making Wrigleyville one of Chicago's top tourist attractions. The Tribune Company has faced opposition from some neighborhood groups as they have tried to move Wrigley Field forward. There has been some success in negotiating compromises. Wrigley Field has been home to baseball since 1914. Some residents who have moved into the neighborhood as property values have risen in the last years have tried to control the congestion and modifications surrounding the ball park like it was a surprise they found out about after they moved in. Don't move by the airport if you don't like the sound of planes. The question remains how will the Rickets react as they have to battle the few but vocal neighborhood opposition?