Stage 1 — Pending
Deal Structuring & Market Sounding
Initial process by government/grantor or private owner of shares to structure the transaction and/or sounding potential market interest in the opportunity.
airport deal
Operator // tbd
In May 2017 the Illinois Department of Transportation (IDOT) announced that a total of six parties have expressed interest in the greenfield “South Suburban Airport” project, however the identities of the interested parties were not yet been released at the time. The project aims to address critical runway, terminal and airspace capacity Chicago’s highly constrained O’Hare and Midway airports. The FAA granted approval to the proposed site in 2002 and, as of Oct. 2019, IDOT has spent more than USD100m on purchase of 5,000 of the 6,000 acres required to facilitate the initial development plan.
Passengers
Movements
Cargo (tonnes)
Click an airport location for details
Deal transaction stage will no longer be updated when a deal has been marked as archived.
Initial process by government/grantor or private owner of shares to structure the transaction and/or sounding potential market interest in the opportunity.
Investor/operator evaluation for the deal/opportunity and/or business case and financial model development to support commercial bid/offer.
Award of deal by government/grantor, or acceptance of offer from private owner of shares, followed by completion of financing conditions and, ultimately, granting of concession and/or transfer of shares.
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