Purely speculative, but putting 2 and 2 together.
https://twitter.com/soft_toss_lefty/status/1786975786651800003?t=tnt8ZPBaPbGiYJGOlXTwfQ&s=19
The hedge fund that owns Standard Media, operates Bally's. The corp that worked with MLB and the A's to develop the Vegas stadium.
Watch out for a casino tie-in for a new White Sox stadium (in Chicago or elsewhere). Future team ownership doesn't seem absurd for the hedge fund.
Arlington would be a disaster. The Suburb Sox would ideally need to be in/around Oak Brook, accessible to 294, 290, 88, 55, & 355.
Arlington will be fine for the Bears, with their STHs concentrated in the NW suburbs and fewer games.
What makes Lincoln Yards a better location? It's further from downtown and has poor transit accessibility (I spent 2 years living right off the Armitage stop, it's not exactly down the street).
Again, they were not selected for 2 major projects. That was largely out of their control.
Painting it as a "failure" to try to force your objective is comical.
They were part of the Amazon HQ bid, then bid on the casino. There was also a pandemic in the middle of all that.
I'd say they have pretty good reasons to not have started anything, but go on with your s%*# logic.