Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Chicago & Midwest  + North Side  + Hospitality  | 
The expansion of O'Hare International Airport's Terminal 5 has opened, increasing its capacity by 25%

Expansion of O’Hare Terminal 5 Opens for Business

City officials recently marked the grand opening of the new eastern extension of Terminal 5, a milestone in the $1.3-billion, four-year investment to expand and modernize the key gateway at O’Hare International Airport. The project increased the terminal’s capacity by 25% to improve efficiency and reduce delays. 

“With new gates, increased passenger amenities, a more efficient baggage handling system, and expanded security checkpoints and customs facilities, the state-of-the-art Terminal 5 of today is equipped to handle the growing demand we expect O’Hare to see in the coming years while offering an improved passenger experience,” said Jamie L. Rhee, Chicago Department of Aviation Commissioner. 

Crews broke ground in 2019 on the modernization of Terminal 5, with construction led by Austin Power Partners. Passenger amenity space was increased by 75%, and the existing building was expanded by approximately 350,000 square feet, with additional renovations to 750,000 square feet of the existing structure.

Connect

Inside The Story

Chicago Department of Aviation

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).