Particle.news
Download on the App Store

Chicago Seeks Sponsors for O’Hare and Midway Facilities in New Market Test

City officials issued a nonbinding request to gauge interest in potential naming rights.

Overview

  • The Chicago Department of Aviation released an RFI inviting letters of interest to sponsor assets such as parking lots, EV charging stations, elevators, family areas, and shuttle buses and stops.
  • The RFI will not result in contracts and is intended to assess feasibility and potential value for a possible sponsorship program.
  • The department has not set a revenue target, with spokesperson Kevin Bargnes saying there is no specific dollar figure yet.
  • Officials link the exploration to O’Hare’s multibillion-dollar redevelopment and to last year’s record 24.3 million summer passengers.
  • Responses are due Feb. 17, and while many facilities could carry sponsors, the O’Hare and Midway names would remain unchanged; an expert notes the high-spending traveler base but urges restrained signage.