Suburbs Conduct Study to Curb Airport Expansion

Three suburbs that would be affected by the expansion of O'Hare Airport in Chicago, will weigh the feasibility of privately developing a major airport in another location.

1 minute read

August 11, 2003, 3:00 PM PDT

By Connie Chung

"Elk Grove Village, Park Ridge and Bensenville, suburbs that border O'Hare, have financed a study that is seeking to determine whether a major airport in the Peotone area could be built and operated by private developers in a private-public partnership rather than by a government agency....The study envisions that a private developer would design an airport, arrange financing, lease the land from the state and then build and operate the airport. Such a scenario would also include creation of an airport authority that would own the airport....If, as expected, the study concludes that the private sector could lead the airport development process, then the three suburbs would encourage communities in the south suburbs to promote the private development concept."

Thanks to Connie Chung

FULL STORY: Study under way on private-public Peotone airport

Friday, August 8, 2003 in The Chicago Tribune

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