It just got very real. On February 19, 2026, Indiana state lawmakers announced that the Chicago Bears are in serious talks to build a new stadium in Hammond, just across the Illinois state line.

The proposed site sits near Wolf Lake in Lake County. The Bears would invest $2 billion into the project, making it one of the largest economic developments in Indiana history. Indiana's House Ways and Means Committee voted 24-0 to advance Senate Bill 27, the legislation that would make the whole thing possible.

"I think we found a great partner in the Chicago Bears," House Speaker Todd Huston told the committee. "Today is a historic day, one we look forward to building upon."

The Bears called the vote "the most meaningful step forward in our stadium planning efforts to date."

Where is Wolf Lake in Indiana?

Wolf Lake is a roughly 800-acre body of water that straddles the Illinois-Indiana state line along Interstate 90. Half of the lake sits on Chicago's Southeast Side, and the other half is in Hammond.

What This Means for Indiana

If the deal goes through, northwest Indiana would gain:

• An NFL franchise and all the economic activity that comes with it

• A world-class stadium that could host Super Bowls, concerts, and major events

• Thousands of jobs during construction and ongoing operations

• A massive boost to regional tourism and hospitality

Hammond, with a population of about 76,000, would become home to one of the NFL's most storied franchises.

Why Are the Bears Leaving Chicago?

The Bears have played at Soldier Field since 1971, but the aging stadium has been a point of frustration for years. It's the smallest in the NFL by capacity and lacks the modern amenities that generate revenue for other franchises.

Previous plans to build a new stadium in Arlington Heights, Illinois fell through. Illinois lawmakers and Chicago officials have struggled to agree on funding packages, pushing the Bears to explore options across state lines.

Indiana's business-friendly approach appears to have caught the team's attention.

The same morning Indiana's committee voted 24-0 to advance SB 27, Illinois canceled its own Revenue & Finance Committee hearing on a competing stadium bill in Springfield. Matt Hill, a spokesperson for Illinois Governor JB Pritzker, posted on X that "Illinois was ready to move this bill forward" and that after a productive three-hour meeting the day before, "the Bears leaders requested the ILGA pause the hearing to make further tweaks to the bill." He added: "This morning, we were surprised to see a statement lauding Indiana and ignoring Illinois."

What Happens Next?

Nothing is finalized yet. State lawmakers are working through Senate Bill 27, which would establish the framework for the stadium deal. Key details still being negotiated include:

• Exact funding split between the Bears and public sources

• Timeline for construction

• Infrastructure improvements needed for the site

• Revenue sharing agreements

The legislative session is ongoing, and both sides have signaled urgency to reach a deal.

This is a developing story. We'll update as more details emerge. Join the community and stay IN the know.