Toyota has agreed to lease the naming rights of the brand new soccer stadium in Bridgeview.
The stadium, which will be known as Toyota Park, is the home of Major League Soccer’s Chicago Fire, and will also host concerts and private events.
Bridgeview Mayor Steve Landek says the 10 year deal is worth close to 10 million dollars.
He says the stadium’s opening signals a new age for the region.
“This is a huge economic anchor for the south and southwest side,” Landek said.
“This is way beyond Bridgeview, this is to help everybody. And I think this is going to revitalize our areas, and spur us for future economic growth.”
The Bridgeview Village-owned stadium seats over 20,000 people, and cost nearly one hundred million dollars to build.
The Fire will play their first match at the venue on Sunday, when they take on the New England Revolution.