CHICAGO-City officials say that construction on the $800-millionproject to consolidate all rental car companies under one roof atO'Hare International Airport will begin this upcoming spring.

The project will also include a new remote public parking garageand an extension of the light rail People Mover to otherfacilities. Chicago Mayor Rahm Emanuel announcedon Friday the final action on a $288-million federal TIFIA loan.The balance of the funding for the venture will come from airportbonds and an $8-a-day-tax on care rentals at the airport that hasbeen collected since 2010, according to the Chicago Tribune.

“O'Hare is a key driver of Chicago's economy, and by utilizinginnovative Federal financing for this project we are drivingeconomic growth and job creation, while ensuring that O'Hare is atthe forefront of sustainability, efficiency, and productivity,”Mayor Emanuel stated. “This intermodal facility is one of thelargest capital improvements constructed at O'Hare, and willfurther Chicago's ongoing efforts to make O'Hare the mostconvenient international travel hub in the world.”

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.