Originally Posted by
davie355
T5 is closer than all the others to remote parking, which is also used as a public transit stop.
What?!? There is a Metra Station there (with trains every hour or so) but the vast majority of people taking public transit to ORD take the CTA Blue Line which, currently, only stops at T-1/2/3. Even the Metra stop isn't very close to the ATS and requires quite the walk.
Originally Posted by
3Cforme
This is only rather peripherally about Delta: AA and UA hold significant veto power over ORD developments, and this isn't financed.
The City plans to use revenue bonds (bonds secured by future airport users fees) which, if the airlines (AA/UA) sign on to the plans, should be pretty easy to float. The Tribune article indicates that they do not need taxpayer funds which is typical of these sorts of projects (unless of course the airlines stop paying). The lease the refer to in the article is the center of all of this and has provisions to help support the bond payments including, likely, minimum passenger numbers from UA/AA and a requirement to post collateral if their financial position takes a turn for the worse.