City poised to seek investors for Chicago-O'Hare high-speed rail line, Chicago Business by Crains, April 12, 2011

(AP) — Chicago is moving a step closer to a high-speed rail line running from downtown to O'Hare International Airport.

The city's aviation commissioner, Rosemarie Andolino, says the city will be posting on its Web site this week a notice called a request for information to possible investors and manufacturers.

Retiring Chicago Mayor Richard Daley says such a system is necessary if Chicago is to remain a global city.

He says such a system would be an elevated line and that it would run along one of two routes that would not require the demolition of homes.

Daley says he would expect construction on such a system would begin within a few years, but it remains unclear how realistic the plans are, given the high cost of such systems.

From Chicago Business by Crain's

Associated Press

April 12, 2011