Elon Musk's Company To Build Chicago-To-O'Hare High-Speed Underground Transport

Chicago Cityscapes And City Views

Chicago Cityscapes And City Views

The City of Chicago has selected billionaire entrepreneur Elon Musk's The Boring Company to build a high-speed underground commuter system from the Loop to O'Hare International Airport, one of the world's busiest, media reported on Wednesday.

Elon Musk's venture was picked to finance and build an express train from the downtown Loop neighborhood to Chicago's O'Hare International Airport, Mayor Rahm Emanuel announced.

Emanuel's office said Musk's company will foot the entire bill, meaning there will be no tax burden on Chicago residents.

The current plan is for Musk's company to cover the construction fees of the transit system up front but then keep any revenue generated from passenger transit fees and in-car shopping sales and advertisements.

Musk, who started The Boring Company in 2016 with the goal of combatting LA's "soul-destroying" traffic, is promising to make tunneling cheaper and faster, and to radically rethink the vehicles carrying passengers.

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Known as the Chicago Express Loop, the new system will feature "electric skate" vehicles that will whisk passengers through underground tunnels at speeds up to 150 miles per hour, according to The Boring Co.'s website. The trip now takes 30 to 45 minutes. And the project would-use the long mothballed CTA "superstation" under Block 37 as a terminal, with the end point located near the CTA's Blue Line terminus close to O'Hare terminals but outside of the airport's security perimeter.

Construction and final deal details between Chicago and The Boring Company still need to be ironed out, but the Tribune reports that the project will cost less than $1 billion. The cheapest recently-constructed subway project, Madrid's Metrosur, cost almost $100 million per mile, and equivalent pricing would put the Express Loop at a minimum of $1.8 billion. He put SpaceX together.

Musk unveiled a plan last month in Los Angeles to build tunnels beneath the city for a high-speed network of "personalized mass transit", promising to build it without disturbance or noise at the surface. "Given his track record, we are taking his reputation and saying, 'This is a guy in two other transportation modes who has not failed.' That's what we're doing". Video renderings of the system show autonomous vehicles that can pick up passengers at street level and then move them along concrete tubes to their destination.

Rivkin said the estimated fare will be $20 to $25 per ride, which is significantly less than a taxi ride to or from the airport. The skates, according to a fact-sheet from the company, would likely run every 30 seconds, 20 hours per day, the company said.

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