The Chicago White Sox could soon be on the move.Canal Edge, a Windy City developer led by White Sox minority partner Justin Ishbia, announced plans Saturday morning for a potential new MLB ballpark in the South Loop neighborhood.The White Sox could be on the move from Rate Field in the near futureGettyIshbia’s private equity firm, Shore Capital Partners, had previously announced it was working on a deal with Amtrak to buy a 47-acre rail yard near ‘The 78’.Fresh images released of proposed White Sox ballparkThat is the same development area where the Chicago Fire is building a new stadium, and a new ballpark would sit across the Chicago River from the MLS venue.Ishbia has a deal with White Sox chairman Jerry Reinsdorf to potentially take over the team by 2034, and now appears keen to move them from their current home, Rate Field in Bridgeport, around 2.5 miles north.Over the weekend, Canal Edge made its first official declaration of an intention to carve out space for a new ballpark, which has been named ‘The Railyards’ due to the location’s connection to Amtrak.A number of new renders for the proposed site were also released.It would be part of a new riverfront location, alongside a previously-announced healthcare complex, and create a district with the new Fire stadium that hasn’t existed yet in Chicago.“The Railyards is about turning idle land into opportunity — for patients who need better access to care, for a team and its fans who deserve a dynamic riverfront home, and for a city that needs jobs, housing, and economic investment,” Ishbia said in a statement.“This is a Chicago project, built by and for Chicagoans, and we are excited about its potential.”White Sox fans split over stadium plansThe new stadium proposal remains in its early stages, but fans attending a recent White Sox game at Rate Field shared their thoughts with ABC7.“Don’t love it. Let’s keep it where it is. We don’t need the Sox moving. We don’t need the Bears moving,” Hannah Harris told the outlet, referencing the expected relocation of Chicago’s NFL franchise.White Sox minority partner Ishbia has grand plans to move the team away from Rate FieldAECOMA new ballpark would be the centrepiece of the new developmentAECOM‘The 78’ will be a new Chicago neighborhood in the South LoopGettyOthers, though, weren’t opposed to a move.“I think it’s a cool idea. I mean, I love this, and I love the history here and it’s been forever, but sometimes change is good,” David MacWilliams said.Rate Field opened in 1991, and has a capacity of 40,615 for the $2bn-valued White Sox.Canal Edge notes it is ‘currently beginning’ a multi-month study and feasibility review evaluating a range of factors around a new location, from transportation to environmental impact.“If feasible, this plan could be presented to Chicago White Sox leadership for consideration as one of the team’s ballpark options when its current lease in the state-owned ballpark ends,” a statement added.The team’s lease with the Illinois Sports Facilities Authority for Rate Field ends after the 2029 season, which coincidences with the first year Ishbia could contractually buy out Reinsdorf and take full control of the franchise.The Sox have a lease at Rate Field that runs until the end of the 2029 seasonGetty“Jerry’s the chairman, Jerry has 100 percent control of what happens with the White Sox,” Ishbia told The Athletic in November 2025.“And so, anything about the stadium, you should ask Jerry. But I’ll say this: I’m 48, right? And the White Sox lease is up in four years (after the 2029 season).“I can’t tell you exactly when, but in my lifetime, we’re definitely building a new stadium.“Whether it’s four years from now or 34 years from now, I can’t tell you when exactly this moment, but we will build a new stadium while I am the steward of the franchise.”