July 20, 2017

DIA reveals $1.8 billion, 15,000-page terminal renovation contract

DENVER — The contract for the terminal renovation of Denver International Airport shows a $1.8 billion price tag, with a partner that would renovate the terminal for four years and oversee concession spaces for the following 30 years.

City Council has started reviewing the 15,000-page contract, Denver Post reports.

The actual cost of renovation would be about $650 million, with the rest of the costs coming in the next 30 years.

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The project is getting some pushback: Critics have raised concerns over the upgrade of 22-year old Jeppessen Terminal being tied to the complex, decades-long operations deal with a private partner.

The goal of the terminal upgrade is to increase capacity as the airport nears 60 million passengers per year.

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