Chicago O’Hare $300M Terminal Renovation Breaks Ground

Construction has begun on a $300 million renovation of Chicago O’Hare International Airport’s Terminal 3. The upgrades are expected to take three years and will overhaul the terminal’s infrastructure from security checkpoints to baggage claim, as well as adding amenities and improving accessibility.

Chicago Mayor Brandon Johnson joined Senator Durbin, Senator Duckworth, Representative Garcia, and the FAA to break ground on the approximately $300 million project, named ElevateT3, a massive investment in the airport’s aging terminal facilities supported by $90 million in grant funding from President Joe Biden’s Bipartisan Infrastructure Law. 

The project will include the reconfiguration of two TSA checkpoints into a single screening area, an expanded passenger corridor between concourses K and L, and the development of approximately 10,000 square feet of new concessions and amenity spaces. The terminal’s interior and exterior are also to be renovated to improve overall energy efficiency.

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!