Governor Mike Braun of Indiana shared insights regarding the Chicago Bears’ stadium proposal during an event at Valparaiso University. He stated that the bid for a Hammond stadium is now closer to completion, marking significant progress compared to the stagnant negotiations over the past 5.5 years. The event, held on July 8, 2026, was attended by Kellie Taillon, President and CEO of the Lakeshore Chamber of Commerce, applauding Braun’s efforts with the local community.
Governor Braun highlighted the due diligence undertaken to advance the agreement with the Bears. Comparing Indiana’s approach with Illinois’s stalled proceedings, he noted the difference between business-minded progress and bureaucratic delays. The announcement that Hammond is the preferred site followed the Illinois Legislature’s inability to present a competitive deal by the end of their session on May 31.
Hammond Mayor Thomas McDermott Jr. expressed enthusiasm about the Bears’ potential move, highlighting Indiana’s favorable business environment. He pointed out that crossing state lines allows companies to save substantial amounts in property taxes, citing a crane company relocating to Hammond due to these benefits. McDermott emphasized recognizing and closing such gaps in agreements to foster economic growth.
“The Bears story is symbolic of the ongoing migration of Illinois businesses to Northwest Indiana,” said Gus Olympidis, President and CEO of Family Express.
The collaboration between Governor Braun and Mayor McDermott signifies bipartisan cooperation, which strengthens the negotiation process. While excitement surrounds the potential move, Olympidis cautioned against premature celebration, emphasizing the importance of managing expectations wisely.
The attention surrounding the Bears’ interest in Hammond is deemed beneficial for the city by McDermott. He described economic development opportunities emerging from the heightened exposure, calling it “Bearsville,” envisioning development similar to the Rosemont area.
However, McDermott acknowledged opposition in Porter County to funding the stadium through a proposed food and beverage tax. He underscored the long-term job prospects for local youth linked to the stadium and adjacent businesses.
Beyond the Bears’ deal, Governor Braun aims to retain talent in Indiana by addressing brain drain and encouraging young residents to return. Drawing from personal experience, Braun highlighted that Indiana offers family-friendly environments and four distinct seasons. Census data supports this trend, showing a net inflow of people into Indiana.
Governor Braun places a strong focus on increasing wages and pursuing high-tech, high-wage jobs, with an emphasis on artificial intelligence and data centers. Despite concerns about AI, Braun assured that technology could lead to job creation, comparing it to the impact of the internet. He believes it will create opportunities for affordable electricity amid rising rates.
Loudon County, Virginia, exemplifies the potential economic benefits of data centers, but Braun advised caution regarding tax benefits and water usage concerns. The development of recirculation technology aims to address water scarcity challenges, particularly in areas outside Northwest Indiana.
Braun concluded with advice for communities to weigh growth opportunities carefully and ensure they align with local needs.