IL: 4 Groups Show Interest in O'Hare Express Train Project

Feb. 8, 2018
Four teams sent in their qualifications to build and operate an express rail system from downtown to O’Hare International Airport, a preliminary step in the long-discussed process to set up a fast train for business travelers and tourists.

Four teams sent in their qualifications to build and operate an express rail system from downtown to O’Hare International Airport, a preliminary step in the long-discussed process to set up a fast train for business travelers and tourists.

Among the groups is entrepreneur Elon Musk’s Boring Co., perhaps the flashiest of the potential bidders given Musk’s high profile as an inventor of flame throwers and his company SpaceX’s rocket launch this week. M

Others that responded include Oaktree Capital Management; a team called O’Hare Express Train Partners comprised of Amtrak, European infrastructure investment firm OHL Infrastructure and American transportation and mining company Kiewit; and O’Hare Express LLC, made up of the JLC Infrastructure organization that’s a partnership between Chicago’s Loop Capital and Ervin “Magic” Johnson’s investment company, two European infrastructure companies and New York-based investment firm Antarctica Capital.

Read the complete article at http://www.chicagotribune.com/news/local/politics/ct-met-ohare-express-train-rahm-emanuel-20180207-story.html