Civic IQ
FINANCIAL_SERVICESONGOING

Chicago Riverwalk expansion backed by TIFIA loan

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.

Document date · December 1, 2025

Issuing agencyChicago Metropolitan Agency for PlanningVendorCity of Chicago

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Scope & details

The full contract record, as filed.

Contract amount
$98.7 million TIFIA loan
Contract type
FINANCIAL_SERVICES
Contract term
35-year repayment period
Renewal
Loan amortizes over 35 years; renewal or refinancing is not discussed.
Document type
Report
Source document
Chicago Metropolitan Agency for Planning Policy Brief December 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

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.

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.

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What is Chicago Metropolitan Agency for Planning currently buying?

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