CHICAGO -- The Gary/Chicago International Airport Authority is on a fast-track to privatize the airport and surrounding land in a deal backers say will help revitalize the struggling city of Gary, Ind. and position the facility as Chicago’s third regional airport.

Officials said they received eight responses to an initial request for interest and qualifications sent out early this month. The airport hopes to attract a private partner willing to invest at least $100 million into the project.

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