IL: Chicago Taps Elon Musk’s Boring Company to Build High-Speed Transit Tunnels to O'Hare

Rahm Emanuel’s administration has selected Elon Musk’s The Boring Co., from four competing bids to provide high-speed transportation between downtown and O'Hare International Airport. Negotiations between the two parties will ensue in hopes of reaching a final deal to provide a long-sought-after alternative to Chicago’s traffic gridlock and slower “L” trains.

Emanuel and Boring officials said it’s too early to provide a timeline for the project’s completion or its estimated cost, but they said Boring would pay for the entire project.

Under the proposal, passengers would be able to travel from the Loop to O’Hare in just 12 minutes at an estimated cost of $20 to $25 per ride. A final route for the high-speed tunnels is still subject to negotiations, and a Boring official and Deputy Mayor Robert Rivkin declined to identify where it might run.

Read the complete article at http://www.chicagotribune.com/news/local/politics/ct-met-ohare-high-speed-transit-elon-musk-boring-company-20180613-story.html