Elon Musk, Boring Company to negotiate with Chicago for Loop train system
14 Juin, 2018, 17:51 | Auteur: Auguste Feret
A company founded by Tesla CEO Elon Musk has been selected to build a high-speed underground transportation system that will whisk passengers from downtown Chicago to O'Hare International Airport in minutes. That compares to the roughly 40 minutes it now takes to make it from O'Hare to the city via the Chicago Transportation Authority's Blue Line train.
Chicago Mayor Rahm Emmanuel specified that the winning company would have to transport passengers and their luggage between the airport and downtown in 20 minutes or less.
"We're really excited to work with the Mayor and the City to bring this new high-speed public transportation system to Chicago!" the company said on Twitter.
The Boring Company's submission reduced travel time to about "12 minutes" by utilizing electric vehicles traveling at over 100 miles per hour in new twin underground tunnels that they plan to dig.
For the control of the high-volume airport line, The Boring Company beat out a rival bid from joint venture called O'Hare Xpress LLC, made up of Meridiam, Antarctica Capital, Mott MacDonald, First Transit, and JLC Infrastructure, a fund (amazingly) backed by basketball legend Earvin "Magic" Johnson, reports Bloomberg.
Elon Musk arrives to speak at Boring Company community meeting in Bel Air, Los Angeles, California, U.S. May 17, 2018.
Boring will now exclusively negotiate with Chicago on a final proposal including the exact route.
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In an interview with the Chicago Tribune, Emanuel said the city is betting on Musk's achievements with Tesla and SpaceX to get the airport link running. The company has been digging under a SpaceX parking lot, while its application to dig a tunnel beneath Los Angeles and Culver City is caught up regulatory obstacles and legal challenges. Opponents say it violates state law forbidding such waivers for large-scale projects on a piecemeal basis.
"We're taking a bet on a guy who doesn't like to fail - and his resources". That said, with his other companies, Musk has "been able to pursue and fulfill visions that others say are too hard", Mahmassani added.
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The company is also aiming for continuous tunneling and instead of carting off earth to a disposal site, it would recycle the earth to build bricks that could potentially be used inside the tunnels.
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The billionaire entrepreneur hates LA traffic so much he's cutting his own path.
The company and the city are entering the negotiation phase.
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