Ishbia’s Chicago Land Deal Hints at New Stadium for White Sox

Billionaire Justin Ishbia’s deal to buy a large parcel of land near downtown Chicago is fueling speculation that he’s planning a new stadium for the Chicago White Sox.

Ishbia’s private equity firm, Shore Capital Partners, is under contract to buy a 47-acre (19-hectare) property from Amtrak, the rail operator. A spokesperson for Ishbia offered few details on his plans, saying only that Shore is in the early stages of planning a mixed-use development that could include a health-care facility in partnership with Northwestern Medicine.

But the land deal is already spurring speculation in Chicago that Ishbia ...