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Chicago Fire FC unveils renderings for $650M stadium

Chicago Fire FC unveils renderings for $650M stadium

Yahoo17-07-2025
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter.
Dive Brief:
Major League Soccer's Chicago Fire FC has shared renderings and construction details of the team's $650 million stadium in the city's downtown, according to a news release.
The new structure, designed by San Francisco-based architect Gensler and announced in early June, will seat approximately 22,000 fans, according to the news release. Around the stadium are riverfront views and open public plazas, alongside a variety of hospitality spaces and amenities.
The stadium will be the catalyst for the first phase of The 78, a 62-acre master plan development for a walkable, pedestrian-oriented mixed-use campus designed by Gensler, according to the news release.
Dive Insight:
The 78 will feature a 24/7 district with new residential and commercial buildings, a half-mile riverwalk and a network of interconnected community spaces that support year-round programming. The initial phase will include restaurants, storefronts and a range of complementary spaces.
The stadium will be entirely privately financed by the club's owner, Joe Mansueto, who is the executive chairman of Chicago-based financial services firm Morningstar.
Seating options include 50 suites, more than 500 loge seats and 3,500 club seats, according to the franchise, including some with access to exclusive clubs-within-clubs. The seating bowl will be covered by an exposed steel canopy that the team claims will enhance the home-field advantage of Fire matches by directing light and crowd noise back to the pitch.
Additionally, a dedicated supporter section will be built at the core of the stadium, per the release. The section is purpose-built to be loud with room for approximately 2,000 fans on safe-standing bleachers.
The venue will also be designed to host international soccer matches, rugby matches, concerts, festivals and live performances, the club said in the release.
Construction at The 78 is anticipated to begin by the beginning of 2026, and the new stadium is expected to open in 2028, according to the Chicago Fire. A contractor has not been announced.
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A top designer was banned from Dribbble. Now he's building his own competitor.
A top designer was banned from Dribbble. Now he's building his own competitor.

TechCrunch

time6 minutes ago

  • TechCrunch

A top designer was banned from Dribbble. Now he's building his own competitor.

Dribbble has permanently banned dozens of designers from its platform following a new effort to pivot to a marketplace and chase monetization. This includes one of the platform's most well known designers, Gleb Kuznetsov, founder of the San Francisco-based design studio Milkinside. Dribbble deleted his account with its over 210 million followers because he shared his contact information with prospective clients through the platform in violation of its new rules. Remarked Kuznetsov in a post on X, 'I brought 100,000+ monthly users. 15 years of work. 12,000+ shots. All instantly deleted, because a client asked for my email. One warning. No appeal.' Fed up with the changes at the company, which helps product, UX, web, and other digital designers showcase their portfolios and find new clients, Kuznetsov says he's been talking to investors about launching a competitor. Totally agree with @jondschubert . I loved @dribbble. I brought 100,000+ monthly users. 15 years of work. 12,000+ shots. All instantly deleted, because a client asked for my email. One warning. No appeal. They didn't care about the community. Just their 3% cut. Dribbble is… — Gleb Kuznetsov (@glebich) July 29, 2025 Shortly after his social media post, Dribbble users expressed their shock and anger over the decision, crediting Kuznetsov as one of their biggest inspirations and lamenting that the platform would make such a misguided move. Dribbble, meanwhile, says Kuznetsov was actually warned multiple times that he was violating the new rules and the email was the final notice. Dribbble's pivot to a marketplace The issue has to do with a more recent policy change first announced on March 17, 2025. Techcrunch event Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They're here to deliver the insights that fuel startup growth and sharpen your edge. Don't miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise. Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They're here to deliver the insights that fuel startup growth and sharpen your edge. Don't miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise. San Francisco | REGISTER NOW In an email shared in March with Dribbble's some 750,000 approved designers — meaning those who are authorized to communicate with others on the platform — the company said it was no longer allowing designers to share their contact information with prospective clients until after their client sent payment through its platform. The company positioned this change as one meant to protect designers from non-payment, as well as one that allows Dribbble to continue to sustain its business. The announcement was also posted to social media and the company blog. Image Credits:Dribbble However, Kuznetsov claims that non-payment isn't a very common problem, and really, this update is about Dribbble attempting to take a larger cut of designers' business. Dribbble doesn't dispute that. Before the policy change, Dribbble made money in one of two ways. Starting in September 2024, Dribbble began pivoting to a marketplace that connected designers and clients. Designers could communicate freely on the platform and then either share a 3.5% revenue cut on clients they converted, or they could pay for a Pro subscription to skip the rev share. In March, the company tightened the rules further, saying that anyone finding clients on Dribbble would need to offer the platform a cut of their revenue. 'It went from it was optional to use our transactional features to it was required for non-advertisers to use our transactional features, if they were on Dribbble, to find clients,' explains Dribbble CEO Constantine Anastasakis, in an interview with TechCrunch. 'If a user is on Dribbble to find inspiration or to get feedback on their work, or to talk shop with their peers, none of this affects them,' he added. Image Credits:Dribbble The exec, who joined the company after working at direct-to-consumer lender Lower, video marketplace Pond5 (exited to Shutterstock), and freelancer marketplace Fiverr, was hired last April to pivot Dribbble into a marketplace. While the company is profitable under parent company Tiny, it's still a small 20-person team and isn't reliant on venture backing to serve its 7.5 to 10 million monthly unique visitors. 'Dribbble was something that really accelerated our business dramatically back in the day,' Kuznetsov told TechCrunch. Before Dribbble, there was no platform where designers could share their work wth others, he says. It helped designers receive feedback that came specifically from their peers and allowed newer designers to learn from those at the top of the industry. Kuznetsov is now part of the latter group. At Milkinside, Kuznetsov has worked with companies like Apple, Google, Amazon, Scandinavian Airlines, United Airlines, Honda, Mitsubishi, Mercedes-Benz, and other large companies in the Bay Area. As a result, he likely didn't feel that Dribbble would risk banning him for not abiding by the new terms. Anastasakis essentially confirmed this to be true. He told TechCrunch that Kuznetsov received 83 work inquiries since the new terms rolled out in March, and responded to 61. In each message, the site shows a warning that reminds users that contact details should not be shared before project payment. However, Kuznetsov shared his contact information in six messages, which would have displayed a stronger warning at that time. Image Credits:Dribbble Image Credits:Dribbble The company then followed up with a warning email on July 22 about his repeated terms-of-service violations, which informed him he was risking permanent suspension. Kuznetsov told us he didn't see this email initially, but Dribbble says it tracked that the email was opened three times before his suspension. 'I believe that Dribbble — it was their goal to hurt me so I can spread that [news] so they can give a harsh lesson to everyone who tries [to break the rules],' Kuznetsov says. Dribbble's CEO Anastasakis confirmed as much to TechCrunch. 'There's there's really no conceivable way in which he did not realize that what he was doing risked permanent suspension of his accounts,' Anastasakis told us. 'I think that ultimately it was that he believed that we wouldn't take action against a designer of his caliber,' he continued. 'As a side note, I actually think that he's done us a big favor as far as getting the word out about how seriously we take the terms.' For Kuznetsov, or any designer who was banned for similar reasons, the only option to come back to Dribbble is by joining as an advertiser, which requires a minimum campaign budget of $1,500 per month for at least three months. A new competitor to Dribbble emerges? Kuznetsov has decided to forge his own path, saying that he's hurt by Dribbble's change. 'It's not going to be a copycat of Dribbble,' he says of his pending startup. Instead, it will be a resource for designers that will also leverage AI. While there has been a lot of backlash about AI models training on creatives' work without compensation, Kuznetsov believes there's a use case for the technology in terms of inspiration, creation, and design. Image Credits:Gleb Kuznetsov 'It's a big hole right now in the market…Everybody's doing AI startups, but nobody's really doing AI startups for designers,' Kuznetsov notes. 'AI is something that really can elevate our ability to create, and make it on a much higher level of quality. It's going to help us to not only earn more money and grow, but also create something we never even thought was possible to create without a specific skill set.' Kuznetsov says he expects to have an MVP (minimum viable product) ready in three or four months. However, he notes the goal is not to 'kill' Dribbble, even though investors offered him money to do so. 'It's not like that. I'm trying to do something good for the community because I'm a designer. So I know how painful it is to be a designer in this world,' says Kuznetsov. 'We need to be really smart about how we invest our time — how we give our best and give our life to other platforms. Diversification of that investment should be something that everyone should be thinking about,' he adds.

U.S. Clean Tech Leadership at Risk Due to Trump Policies, Investors Warn
U.S. Clean Tech Leadership at Risk Due to Trump Policies, Investors Warn

Newsweek

time7 minutes ago

  • Newsweek

U.S. Clean Tech Leadership at Risk Due to Trump Policies, Investors Warn

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Daniel Weiss is the co-founder and managing partner of Angeleno Group, a Los Angeles-based venture capital and growth equity investment firm founded in 2001 to seek out opportunities in what was then called "alternative energy." Not quite a quarter of a century later, solar and wind power have gone from alternative to mainstream. "The basic economics of clean energy have transformed in the last 20 years," Weiss told Newsweek. "A big part of the reason for that is that it's simply more cost effective." The combinations of solar or wind with battery storage have become the cheapest and fastest ways to add power capacity and they provided more than 90 percent of the new electricity sources added to the U.S. grid last year. The rest of the world is "stealing a march" on the U.S. by encouraging clean energy while the Trump administration turns away from renewable sources, veteran clean tech investor Rob Day said. The rest of the world is "stealing a march" on the U.S. by encouraging clean energy while the Trump administration turns away from renewable sources, veteran clean tech investor Rob Day said. Newsweek Illustration/Canva/Getty With the current surge in demand for power, market forces should be driving clean energy and climate-friendly technology companies to new heights. But the Trump administration's hostile posture toward renewable energy and climate policy has brought volatility and slower growth. Weiss said the best way to make sense of this moment is to "zoom in and zoom out. Zoom in to the past 8 months in the U.S. and you'll find a "steady drum beat of bad news" for the sector. "Investment has slowed in certain parts of the space," Weiss said. Zoom out to a global perspective long-term view, however, and a very different picture emerges. "One might even make the case that this is one of the most compelling moments to be deploying capital, at least since we founded our firm 20 plus years ago," Weiss said. Newsweek's Better Planet has been talking with clean tech investors about how they are navigating these extraordinary times for a series called "Climate Investing in a Volatile Climate." In this installment, we hear from two veteran investors in the sector, Weiss and Rob Day, co-founder and partner at Spring Lane Capital. Both pointed to the sharp contrast between current U.S. policy and economic reality, and both predicted that market forces will overcome ideology. President Donald Trump has eliminated most of his predecessor's supportive policies for clean energy, pulled the U.S. out of the global Paris Climate Agreement and is seeking to do away with the legal basis for regulating greenhouse gas emissions altogether. "It's a pretty rocky road ahead in the near term, and there's a lot of disruption," Weiss said. In May, former U.S. Treasury Secretary and Federal Reserve Chair Janet Yellen joined Angeleno Group's Board of Advisors to offer strategic guidance. Weiss said "global tailwinds are largely intact" for clean tech, with most other countries still committed to net-zero pledges. Late last month, United Nations Secretary-General António Guterres called on countries to make more ambitious climate goals to take advantage of a "new energy era" of cheap, clean power. "Nearly 80 percent of the world has sent a signal to capital markets, to investors that we're on a long-term trajectory moving from a low efficiency, high carbon world to a higher efficiency, low carbon world," he said. The "universe of investment possibility" in clean tech today is much greater, he said, even though valuation for some companies is lower. "So, deal flow is up, valuations are down," he said, a combination that recalls legendary investor Warren Buffett's advice to "be greedy only when others are fearful." The Clean Tech Hype Cycle On the opposite coast in a downtown Boston office, Spring Lane Capital co-founder Rob Day said he sees the sector going through a phase similar to that identified in the Gartner hype cycle. In that model, emerging technologies eventually reach a period of realistic but robust growth. But first, there is a peak of inflated expectations, followed by what's called a "trough of disillusionment," which is where some clean tech companies find themselves now, Day said. "I think for EVs in the U.S., in particular, we're in the trough of disillusionment right now," Day told Newsweek. Trump's "One Big Beautiful" bill passed by Congressional Republicans last month phases out tax credits for EVs, and the maker of the best-selling EV model, Tesla, suffered blowback due to its controversial CEO. But look beyond the headlines, Day said, and there are signs that EVs will soon pull out of the disillusionment trough. "If you look at the underlying market numbers, adoption has continued to grow," he said, as the lower total cost of ownership for EVs is still a compelling selling point. Day said a similar dynamic is playing out for other clean technologies as the gloomy headlines about the demise of supportive federal policy drive away some recent arrivers who jumped into a "frothy" market. The rate of growth has changed, he said, but clean tech is, by and large, still on a growth trajectory. Day's resume includes a consultant position at Bain & Company and a role with the World Resources Institute's Sustainable Enterprise Program, and his Cleantech Investing column was required reading for many people in the sector through the Bush and Obama years. Over that period, he has seen the sector adjust as federal subsidies and policy support waxed and waned. "We've learned how to operate within that kind of an environment before," Day said. His advice to investors in the sector: think more broadly about sustainability than just solar and wind—think about circular economy solutions, waste reduction and efficiency. Look to investment potential in states that have either supportive policies or basic needs for sustainability, such as a lack of landfill space or rising power demand. Also, he said, investors should look abroad. Just as Weiss pointed out the continued global support for climate action, Day said other countries are now taking greater advantage of the clean tech opportunities. "The rest of the world is just absolutely stealing a march on us, and the U.S. is absolutely going to lose its leadership position on all of these technologies and solutions of tomorrow," Day said. "And it's a crying shame."

George Russell Gives Timeline Update on 2026 Mercedes F1 Contract
George Russell Gives Timeline Update on 2026 Mercedes F1 Contract

Newsweek

time7 minutes ago

  • Newsweek

George Russell Gives Timeline Update on 2026 Mercedes F1 Contract

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Mercedes AMG Formula One driver George Russell has confirmed that he has not signed a contract extension for the 2026 season as the sport heads into the summer break. Russell's current Mercedes contract ends at the end of 2025. The topic of Russell's contract has been ongoing for the last two months, given his revelation in June about Mercedes' talks with Max Verstappen for a future signing. Mercedes team principal Toto Wolff also admitted his interest in Verstappen, which reportedly paused discussions with Russell. However, given Verstappen's confirmation that he will continue racing for Red Bull in the future, Wolff stated that Mercedes' direction for 2026 would be to field Russell and his teammate, Andrea Kimi Antonelli. But, with the first half of the season having concluded, Wolff is yet to put pen to paper. While Russell admitted that he has been waiting for a contract extension for 12 months, a hasty approach is not what he is looking forward to. He told the media: George Russell of Great Britain and Mercedes speaks in the media pen during the F1 Grand Prix of Hungary at Hungaroring on August 3, 2025 in Budapest, Hungary George Russell of Great Britain and Mercedes speaks in the media pen during the F1 Grand Prix of Hungary at Hungaroring on August 3, 2025 in Budapest, Hungary"He [Toto Wolff] has got nothing to be worried about, I've got nothing to be worried about. Nothing is going to happen over the summer because I just want to have a rest and recharge and come back stronger for the second half of the year but there's no time pressure either way. "It will happen when it happens, it's a when not if. I'm 27 now, I've been with the team four years, next year would be my fifth and we want to build the relationship together but it's got to be right and I don't want to rush it. I've been waiting 12 months, I'm not going to just rush it in the course of two weeks so we'll sit down when the time is right." Russell has proven his worth on several race weekends, showcasing the results he can produce with a fast car that suits him. The 2024 season saw him outperform his former teammate Lewis Hamilton in the Drivers' Standings, and in 2025, he is currently placed fourth in the standings with 172 points, 15 points adrift of Verstappen in P3 with 187 points. Addressing Russell's contract extension delay, former Mercedes driver and Sky Sports F1 presenter Nico Rosberg, who raced with the Brackley-based team from 2010 to 2016, noted similar experiences with Wolff from his racing days. He said: "Toto's horrible to negotiate with, because his tactic is to disappear. So when you try... like George now, he's trying to get hold of him, Toto will disappear... George will be trying to write Toto to get him [to get] a move on, or whatever, and Toto disappears." He added: "By the way, this is not a fact; this is just me making it up. But I remember from my time that was his style, just like disappearing, not answering, being hard to reach... and it's horrible, because you're like, 'come on!' "You have nothing, you have no chance... do whatever you can; you need to find a way to cross paths."

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