All together, Soldier Field will receive $587 million in renovations that would also add new parkland and auto parking at nearby institutions, such as the Field Museum of Natural History. The facade and exterior of the stadium, long associated with Chicago, would remain, but most of the interior would be gutted and rebuilt. The measure does not give any ownership interest in the stadium to the team; it will remain property of the Chicago Park District.

The tax money in question to pay for the project would come from an existing hotel tax. The fact that no new taxes need to be collected was a major selling point among the solons in Springfield. "I've been here 26 years and every time I voted for something for Chicago it always costs a lot of money," Sen. Vince Demizio from Downstate Illinois was reported to say. "Finally, we do something for the city was doesn't cost us anything."