Yes, well, I doubt we'll see it in the next 20 years.
I would say more like 200 years.
The tether experiments are just the baby steps. Many believe this is feasible however. A lot to figure out on the stress the structure would be put through and the yet undeveloped concept of shielding from orbital debris.
Arthur C. Clark featured it in the third book of the Space Odyssey series. His belief was it would be an equatorial site. Many are drawing concepts that could be placed at other points on the planet, but trickier to maintain a stable orbit. This could also be done on other planets.
When payload costs are reduced, human exploration will enter a new phase throughout the solar system.