CHICAGO (AP) — The construction of a sprawling new cargo center at Chicago's O'Hare International Airport is officially underway.
Mayor Rahm Emanuel's office says he attended a groundbreaking ceremony Wednesday for the $200 million project designed to solidify O'Hare's place as a major cargo hub.
The International Airport Northeast Cargo Center is being built in three phases and should be fully completed in 2021. The first phase is set to finish in 2015. It will include a taxiway linking the center to the airport.
When officials announced the project last year they said a private development company is investing $130 million and that airport funds would over more than $62 million.
The mayor's office says the 820,000-square-foot facility should generate $400 million in rental income over the life of the lease.