MPEA meaning in Governmental ?

Governmental Miscellaneous in Governmental . 1 month ago

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What is Metropolitan Pier and Exposition Authority mean?

The Metropolitan Pier and Exposition Authority, commonly known as MPEA or McPier, 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.

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

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 10,000-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.

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Posted on 09 Dec 2024, this text provides information on Governmental related to Miscellaneous in Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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