Musk company to build Chicago-to-O'Hare express transport

14 June, 2018, 19:38 | Author: Regina Silva
  • The Boring Company's new O'Hare Airport Station

The bid win doesn't come as a huge surprise, as Musk tweeted plans to work with the city of Chicago on the airport rail project in November, and made the bid for The Boring Company in February.

The Boring Company, headed by Tesla and SpaceX CEO Elon Musk, has won a bid to build a high-speed train from Chicago's O'Hare International Airport to downtown.

Musk's company was selected out of four other bidders.

Announcing the agreement Wednesday night, Adam Collins, a spokesman for Mayor Rahm Emanuel, said the journey will take approximately 12 minutes.

The city has always been looking for a way to address the issue of long transit time between its major airport and downtown.

They plan to utilize the "unfinished underground transit station at Block 37 and create a new station at O'Hare".

The Boring Company has estimated the cost of the project to be $1bn, which would be entirely funded by it in exchange for all revenue from the system's transit fees, advertising, branding and in-vehicle sales.

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The company and the city are entering the negotiation phase. The Boring Company previously released video of a very similar project planned in Los Angeles, with the goal of taking passengers from downtown to LAX in just 8 minutes. The plan comes in response to Chicago Mayor Rahm Emanuel's request previous year for proposals to build and operate a high-speed rail line that will whisk passengers from the airport to downtown in 20 minutes or less.

The transport system Boring has proposed is called Loop, a slower version of the Hyperloop that's designed for shorter distances and doesn't require vacuum conditions. Boring gets exclusive rights to negotiate with the city for the next 12 months.

Each electric vehicle in the proposed tunnel system will carry eight to 16 people and travel at speeds of 125 to 150 miles per hour (200 to 240 kph), the company said on its website.

Boring said the fare will be less than half that of a taxi or ride share but more than the fare on the current train system.

An overall project costs and construction timeline will be finalized during this process.

Rush hour gridlock in downtown Chicago could be set to ease thanks to an underground express transportation system that will ferry passengers to the city's O'Hare Airport. The company has been digging under a SpaceX parking lot, while its application to dig a tunnel beneath Los Angeles and Culver City is caught up regulatory obstacles and legal challenges.

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