Otis to Supply People-Moving Products for McCormick Place

JUPITER, Fla., Dec. 1, 2015 - Otis Elevator has entered into a multimillion-dollar agreement with Prairie District3 Partners, a joint venture led by Clark Construction Group, to supply elevator and escalator units for Chicago’s McCormick Place convention facility campus, one of the city’s key destinations. Otis is a unit of United Technologies Corp. (NYSE: UTX).

As part of this expansion, Otis will provide 39 units for the new event center and headquarters hotel. This includes 13 Skyrise™ elevators, 14 Gen2® elevators and 12 energy-efficient, environmentally responsible NCE escalators. The highly anticipated project features a 10,500-seat multipurpose arena and a 40-story flagship hotel, which will operate as a Marriott Marquis. The venture also includes renovating the historic American Book Company building and constructing pedestrian bridges, which will connect the hotel with the event center and other campus attractions.

“We are excited to have been chosen to supply our state-of-the-art elevators and escalators for this expansion,” said Bryan Clairmont, regional vice president, Midwest region, Otis Americas. “Clark Construction Group and Otis share a commitment to improving the communities where we live and work through projects across the country. Our goal is for every visitor who travels through McCormick Place to have a superior passenger experience.”

“The McCormick Place campus is one of the largest convention facilities in North America," said Tim Lamson, project executive with Prairie District3 Partners. "With this expansion, we look forward to delivering a successful project for our client, the end users, and the local community.”

Prairie District3 Partners is designing and building the McCormick Place project. On-site work has begun on the campus, and a substantial amount of the project is scheduled to be completed by the fall of 2017.

For more information on Otis products and services, visit www.otis.com or follow @OtisElevatorCo on Twitter.

About Otis

Otis is the world’s largest manufacturer and maintainer of people-moving products, including elevators, escalators and moving walkways. Founded more than 160 years ago by the inventor of the safety elevator, Otis offers products and services through its companies in more than 200 countries and territories, and maintains more than 1.9 million elevators and escalators worldwide. Otis is a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more information, visit www.otis.com or follow @OtisElevatorCo on Twitter.

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