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  "path": "/white-sox/2026/03/18/mat-ishbias-shore-capital-partners-to-buy-south-loop-land-that-could-be-used-for-new-white-sox-stadium",
  "publishedAt": "2026-03-18T20:49:40.210Z",
  "site": "https://chicago.suntimes.com",
  "textContent": "<p>The White Sox may have taken the first step to securing land that could be home to a new stadium.</p><p>On Wednesday, owner-in-waiting Justin Ishbia’s private equity firm, Shore Capital Partners, was in the process of buying a 47-acre rail yard in the South Loop. Justin's brother, Mat, owns the NBA's Phoenix Suns.</p><p>The piece of land is located across the Chicago River from The 78, where the Sun-Times reported the Sox were considering building a new stadium in 2024. Crain’s Chicago was first to report on Ishbia’s firm buying the rail yard in the South Loop.</p><p>The rail yard could also be used for a new health care facility. </p><p>The Chicago Fire recently broke ground on a $750 million privately funded stadium in early March. There have been discussions about the Sox building a new stadium on that land, but there are concerns that the The 78 would be too narrow for a baseball stadium.</p><p>The Sox’ lease at Rate Field runs through 2029. Ishbia has the option to purchase controlling interest in the Sox from owner Jerry Reinsdorf from 2029-33.</p><p>“Our White Sox focus has been and continues to be solely on the potential of a new ballpark at The 78,\" the team said in a statement. </p>",
  "title": "Justin Ishbia's Shore Capital Partners to buy South Loop land that could be used for new White Sox stadium",
  "updatedAt": "2026-03-18T21:02:44.757Z"
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