New terminal to create Chicago airport jobs
Posted on April 6, 2014
The newest terminal at Chicago O’Hare International Airport is almost completed and is expected to create over 400 permanent Chicago dining and retail jobs when the transformation is complete.
The $26 million transformation features 24 new high quality retail and dining options.
Of the 24 new dining and retail outlets, nine are first time airport retailers with 17 outlets now making their Chicago airport debuts.
The new Terminal 5 features new Chicago-based dining options, including gourmet deli The Goddess & Grocer, Chef Rick Bayless’ Tortas Frontera, and award-winning roaster and retailer Kofe powered by Intelligensia. The new dining collection also marks Chicago-based restaurant group Lettuce Entertain You Enterprises’ (LEYE) first entry into an airport, which will offer a wide variety of culinary options.
While still halfway through construction in 2013, Terminal 5 achieved $18.99 in Sales Per Enplanement, the terminal’s highest ever, and reached $32 million in annual sales. The developer is on target to double 2011 sales to over $50 million in the first stabilized year after redevelopment completes.
“As the gateway for international travelers entering Chicago, the new Terminal 5 will deliver a first class experience that showcases the city’s vibrant, modern identity,” U.S. Senator Dick Durbin said. “The revamped terminal is the latest example of Mayor Emanuel’s vision and steadfast commitment to strengthening Chicago’s position as a global city and providing international business and leisure travelers with the kind of positive experience that will make them eager to return. The federal government has long recognized O’Hare as a major economic engine, not just for Chicago, but for the entire region — and invested accordingly. That investment will pay dividends with this innovative new terminal. ”
“The new International Terminal 5 passenger experience will help fulfill Mayor Emanuel’s vision to provide a world-class experience for millions of visitors from around the globe who travel through O’Hare International Airport as their first and last impression of Chicago,” said Rosemarie S. Andolino, Commissioner, Chicago Department of Aviation. “This is an absolute win for O’Hare travelers, for Chicago’s hospitality, travel and tourism industry, for our airline partners, and for many others who benefit from the incredible job creation and economic activity our airports provide.”
“The new International Terminal 5 – an enormous undertaking – proves that by working together, we can accomplish great things,” said Michael R. Zalewski, Chairman, Chicago City Council Aviation Committee and Alderman serving the 23rd Ward. “With record job numbers, increased revenue and a completely transformed passenger experience, O’Hare, the city, travelers, and our citizens will realize benefits from the new Terminal 5 for years to come.”