Elon Musk’s Boring Co won tender for building the high-speed train network in Chicago. The multibillion-dollar project envisages construction of high-speed express train network between the Chicago’s O’Hare International Airport and the city’s downtown.
“We’re really excited to work with the Mayor and the City to bring this new high-speed public transportation system to Chicago”, says the official statement of Boring Co.
The company plans to transport up to 16 passengers in high-speed electric vehicles between Chicago’s O’Hare International Airport and Block 37 in the Loop for approximately 12 minutes each way by utilizing electric vehicles that run through new twin underground tunnels. Compared to standard conventional transport, this will save between 25 and 45 minutes per trip.
The vehicles, which are called “skates”, could operate with frequency of 30 seconds and travel with speed of more than 100 miles per hour.
The project, which still needs approval from the city council, is expected to cost around 1 billion USD and will be funded entirely by Boring Co with no taxpayer subsidy. According to the project of the Boring Co, the company would front the construction costs and then generate revenues from the transport fees (between 20 USD and 25 USD) and any money generated by advertisements, including in-car shopping sales.
Currently, local citizens can travel to the airport for 5 USD using the Chicago Transit Authority train, taking about 40 minutes.
Chicago Mayor Rahm Emanuel opened up the bidding process to companies with ideas on how to reduce such transport to less than 20 minutes. Participation in bidding took also Mott MacDonald, the civil engineering firm that designed a terminal at London’s Heathrow Airport.
The Boring Company (Boring Co) is an infrastructure and tunnel construction firm founded by Elon Musk in 2016. Musk has cited difficulty with Los Angeles traffic and limitations with the current 2-D transportation network as inspiration for the tunneling company project.