Airport advocates eye P3 for new Chicago-area facility

Illinois – A move for a third Chicago-area airport is gaining traction backed by Federal Aviation Administration (FAA) support and waning Chicago O’Hare International Airport cargo business.
Bult Field

The South Suburban Airport is proposed for the site of Bult Field in Monee, which the state bought for $34 million in 2014. Since 2002, the state’s transportation department has spent almost $100 million to purchase about 4,500 acres of the 5,800 acres necessary for the airport initially.

Regional leaders envision the state providing the land, a government entity operating the airport and a private developer paying for construction. Part of their plan hinges on the state appropriating $150 million for infrastructure improvements.