CHICAGO (WLS) -- Chicago's Department of Planning and Development kicked off the first step toward building a new Chicago Fire soccer stadium.

ABC7 Chicago is now streaming 24/7. Click here to watch

If approved, it this would be the first time a new large-scale stadium is developed in Chicago in three decades.

Thursday, was an important step forward for both the developers and the Chicago Fire,

The vacant train yard located in the Near South Side will be transformed into what will, when complete be "The 78" neighborhood.

That is, if the city approves by a brand new $750 million dollar stadium for the Chicago Fire.

"We are excited to be good neighbors from day 1. Even before the stadium is even open," said Dave Baldwin, the President of Business Operations for Chicago Fire.

The $8 b

See Full Page