Eight different companies and investment groups expressed interest in a potential P3 project for Gary/Chicago International Airport.
Potential investors included among others:The authority wanted to have formal interviews with the interested investors before developing a formal request for proposals.
The Gary/Chicago International Airport Authority released on June 1oth a Request for Expressions of Interest and Qualifications (REIQ) from private sector interests to gather a broad array of approaches and ideas to invest in the airport and the surrounding area through a potential public-private partnership (P3).
A team of a highly-qualified financial experts, project managers and legal advisers were engaged by the Airport Authority in April to assist in the P3 exploration. The team includes A.C. Advisory Inc., JClark Consulting Group, LLC and Faegre Baker Daniels LLP.