Chicago Riverwalk expansion backed by TIFIA loan
Chicago Metropolitan Agency for PlanningMPO · Chicago, IL- Disclosed value
- $98.7 million TIFIA loan
- From report
- Document date
- Dec 1, 2025
- Term
- 35-year repayment period
The 30-second brief
The City of Chicago secured a $98.7 million TIFIA loan to finance expansion of the Chicago Riverwalk, with the 35-year repayment funded by revenues from vendor contracts and concessions such as tour boat fees and retail leases. The federal loan structure lowered borrowing costs and enabled timely project delivery.
City of Chicago holds this financial services contract with Chicago Metropolitan Agency for Planning. Its other public contracts on record include work for Brookfield village (pt.) and Bensenville village (pt.).
Term as filed: 35-year repayment period.
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Contract details
- Contract type
- Financial Services
- Amount
- $98.7 million TIFIA loan
- Document date
- December 1, 2025
- Term
- 35-year repayment period
- Vendor
- City of Chicago
- Source document
- Chicago Metropolitan Agency for Planning Policy Brief December 2025 (Report)
City of Chicago's other public contracts
More Chicago Metropolitan Agency for Planning contracts
Questions about this contract
Who was awarded the financial services contract by Chicago Metropolitan Agency for Planning?
City of Chicago was awarded this financial services contract by Chicago Metropolitan Agency for Planning, as recorded on December 1, 2025. The contract value is $98.7 million TIFIA loan.
How much is the City of Chicago contract with Chicago Metropolitan Agency for Planning worth?
The City of Chicago contract with Chicago Metropolitan Agency for Planning is valued at $98.7 million TIFIA loan, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in Chicago Metropolitan Agency for Planning Policy Brief December 2025 (Report), dated December 1, 2025 from Chicago Metropolitan Agency for Planning. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does City of Chicago hold?
City of Chicago may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Chicago Metropolitan Agency for Planning currently buying?
Explore Chicago Metropolitan Agency for Planning's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.