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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

TheMetropolitan Pier and Exposition Authority, commonly known asMPEA orMcPier,[1][2] is amunicipal corporation that ownsNavy Pier andMcCormick Place inChicago. It also manages the city's collection oftaxes for vehicles picking up passengers (includinglimousines,buses,airport shuttles,taxicabs andUber/Lyft) forO'Hare International Airport andMidway International Airport.[3]

MPEA was created by theIllinois 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-seatWintrust Arena adjacent to McCormick Place as well as an additional hotel tower. It became home to themen's andwomen's basketball teams ofDePaul University as well as hosting other events.[6]

References

[edit]
  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.Archived from the original on 2019-06-04. Retrieved2019-06-04.
  2. ^"McPier says it's worth $1.7 billion a year to Illinois".Crain's Chicago Business. 2017-02-08. Retrieved2019-06-04.
  3. ^"City of Chicago MPEA Airport Departure Tax". City of Chicago.Archived from the original on 24 January 2018. Retrieved24 January 2018.
  4. ^"Metropolitan Pier and Exposition Authority Act".Illinois General Assembly. Retrieved6 February 2015.
  5. ^"About MPEA".Metropolitan Pier and Exposition Authority.Archived from the original on 6 February 2015. Retrieved6 February 2015.
  6. ^Ecker, Danny (November 25, 2014)."McPier greenlights tweaked—and pricier—DePaul arena design".Crain's Chicago Business. Retrieved1 March 2018.

External links

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