Skyway Concession Company LLC (SCC)

Company description

Skyway Concession Company LLC (SCC) manages, operates and maintains the Chicago Skyway toll road. The Chicago Skyway is a 7.8-mile toll road built in 1958 to connect the Dan Ryan Expressway to the Indiana Toll Road. In 2002, the Chicago Skyway attracted US18.7 million motorists whose tolls amounted to US$43 million dollars in revenueâ twice the US$21.5 million in tolls collected in 1993. In 2003, during the final phase of reconstruction, the Chicago Skyway served 17.4 million motorists who paid US$39.7 million dollars in toll revenue.

For almost 50 years, it was operated and maintained by the City of Chicago Department of Streets and Sanitation. In January 2005, the Skyway Concession Company, LLC (SCC) assumed operations on the Skyway with a 99-year operating lease that gave the City of Chicago a $1.83 billion dollar cash infusion.

Company details

Skyway Concession Company LLC, 8801 South Anthony Ave, Chicago, Illinois 60617

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • December 02, 2022

    Atlas Arteria acquisition to Skyway Concession in Chicago

    Atlas Arteria has announced the agreement to acquire Skyway Concession Company LLC in Chicago, USA.  As part of the transaction, all required regulatory approvals have been obtain...

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  • September 15, 2022

    CPP Investments & OMERS Infrastructure to sell 33.33% indirect stakes in Chicago Skyway

    Canada Pension Plan Investment Board (CPP Investments) and OMERS Infrastructure have announced an agreement with Atlas Arteria to sell each of their respective 33.33% indirect stakes in Skyway Concess...

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