Chicago Picks Musk's Boring Co. for O'Hare Express Service
Chicago Picks Musk's Boring Co. for O'Hare Express Service
The Boring Company
14 June, 2018, 23:12
The City of Chicago has just selected Elon Musk'sBoring Company to design, build, pay for, operate and maintain the Express Loop, which will see electric pods carry up to 16 people to or from the airport in as little as 12 minutes.
If all goes well in the contract-negotiation process, The Boring Company's selection by the city of Chicago is the most significant stepping stone for the company to date. Loop's novel underground transportation system must adapt electric transport technology developed at Tesla to subterranean applications.
Without providing a specific timeline, the Boring Company said it will take over the unfinished Block 37 superstation in the city, which the company said is an "amazing facility", according to the Chicago Sun Times.
Musk's plan beat out competition from another bidder, O'Hare Xpress LLC, a consortium of investors and engineering and transit companies. It has agreed to foot the bill for the entire Chicago project.
"The Boring Company on Thursday confirmed a report in The Chicago Tribune that said Mayor Rahm Emanuel's office picked the company and would participate in talks over a high-speed project called the Chicago Express Loop".
"The risk - with no financial risk - is I'm betting on a guy who has proven in space, auto and now a tunnel, that he can innovate and create something of the future", said Emanuel. "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". Maryland's Department of Transportation gave conditional approval to the construction of a tunnel from Baltimore to Washington for a super-high-speed transportation system, The Washington Post reported in October. Unlike the Hyperloop, a vacuum-sealed tube being built out by companies such as Virgin Hyperloop One and theoretically capable of speeds up to 600 miles per hour, the Chicago project will be designed with conventional tunnels at much slower speeds. The final destination will be at a new $8.5 billion global terminal Emmanuel has announced for O'Hare.
The Boring Company appears to be using the Model X for experiments. The company is digging a test tunnel near the Hawthorne, California headquarters of SpaceX. The Boring Company released Wednesday renderings of what the underground system and rail cars would look like.
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