This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.
One of the world’s busiest airports may be getting a direct, high-speed connection to its city center.
Chicago mayor Rahm Emanuel announced yesterday that the city was putting out a request-for-proposal (RFP) to build a high-speed express connection between O’Hare Airport (ORD) and downtown Chicago. Tesla CEO and Hyperloop creator Elon Musk said his new Boring Company will “compete to fund, build & operate a high-speed Loop connecting Chicago O’Hare Airport to downtown.”
Currently, the country’s third-busiest airport is accessible by car as well as the city’s public transportation system. Taxis and Ubers can cost between $40 and $60 between O’Hare and downtown. The CTA’s Blue Line connects the airport to the city but it can take 45 minutes to an hour.
Emanuel wants to cut that time down to just 20 minutes and Musk’s concepts could do just that. The Boring Company specializes in constructing underground tunnels so Musk’s “high speed Loop” would presumably be underground.
Chicago officials met with Musk in Los Angeles a few months ago and Musk tweeted over the summer that he was in talks with the city about the project. It’s likely that this wouldn’t be the buzzy Hyperloop that everyone has been talking about but more akin to the “skate” style tunnel that The Boring Company has shown off in videos. Musk said on Twitter that it would “kinda” be like the electric skate system that whisks cars through underground tunnels, unencumbered by traffic.
The city is open to underground and above-ground connections and wants to deliver express service “at least every 15 minutes for the majority of the day.” Proposals are due to the city by January 23 and are to be funded entirely by the proposing company, at no cost to the taxpayer, which means that the project would be financed entirely by fares, advertising or other means.
Featured image courtesy of The Boring Company.
With great travel benefits, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game. Here are the top 5 reasons it should be in your wallet, or read our definitive review for more details.
- Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
- Chase Sapphire Preferred named "Best Credit Card for Flexible Travel Redemption" - Kiplinger's Personal Finance, June 2018
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- No foreign transaction fees
- 1:1 point transfer to leading airline and hotel loyalty programs
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
- No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards