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Metropolitan Pier and Exposition Authority

From Wikipedia, the free encyclopedia

Metropolitan Pier and Exposition Authority
Company typeMunicipal corporation
IndustryExpo center
Founded1989
HeadquartersChicago, Illinois
Websitewww.mpea.com

The Metropolitan Pier and Exposition Authority, commonly known as MPEA or McPier,[1][2] is a corporation that owns Navy Pier and McCormick Place in Chicago. It also manages the city's collection of taxes for vehicles picking up passengers (including limousines, buses, airport shuttles, taxicabs and Uber/Lyft) for O'Hare International Airport and Midway International Airport.[3]

MPEA was created by the Illinois General Assembly in 1989 by the "Metropolitan Pier and Exposition Authority Act".[4] The authority's responsibilities in the McCormick Place campus include the Hyatt Regency McCormick Place hotel and the Marriott Marquis Chicago hotel.[5]

In 2011, the MPEA handed over operations of Navy Pier to the newly established Navy Pier Inc, a 501(c)(3) not-for-profit corporation and hired a world-wide venue management company, SMG, to run the operations of McCormick Place.

In 2017, MPEA completed the 10,387-seat Wintrust Arena adjacent to McCormick Place as well as an additional hotel tower. It became home to the men's and women's basketball teams of DePaul University as well as hosting other events.[6]

References

  1. ^ Petrella, Dan. "State Senate votes to expand McPier's 1% tax boundaries to include 'cool new restaurants' in Wrigleyville, Logan Square and other areas". chicagotribune.com. Retrieved 2019-06-04.
  2. ^ "McPier says it's worth $1.7 billion a year to Illinois". Crain's Chicago Business. 2017-02-08. Retrieved 2019-06-04.
  3. ^ "City of Chicago MPEA Airport Departure Tax". City of Chicago. Retrieved 24 January 2018.
  4. ^ "Metropolitan Pier and Exposition Authority Act". Illinois General Assembly. Retrieved 6 February 2015.
  5. ^ "About MPEA". Metropolitan Pier and Exposition Authority. Retrieved 6 February 2015.
  6. ^ Ecker, Danny (November 25, 2014). "McPier greenlights tweaked—and pricier—DePaul arena design". Crain's Chicago Business. Retrieved 1 March 2018.

External links


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This page was last edited on 16 March 2024, at 01:11
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