Market Blog

Austin’s Airport Prepares for Expansion, Plans for New South Terminal

 

Austin-Bergstrom International Airport is nearing the finish line of its current expansion project, while also planning for huge long-term expansions. A new $350 million terminal is entering its final phase of construction, and will add nine gates to boost the airport’s capacity to 15 million passengers a year — a four million increase.

This new terminal is expected to open in the spring. It is 175,000 square-feet and will include 29,000 square-feet of retail and amenities space.

While these are exciting plans on the horizon for the Austin airport, there are already new plans currently in the works. The Airport 2040 Master Plan just wrapped up its final public workshop. This will be an even bigger project as it will see a completely new south terminal that will introduce 32 gates. Other additional features are 11,100 more on-site parking spaces, new outdoor plaza and concession area, and additional taxiways.

“Austin-Bergstrom International Airport is a critical piece of the region's red-hot economy. It determines how easily executives can conduct business in other places around the world, as well as how many visitors our city can handle for major events like South by Southwest and the Formula One U.S. Grand Prix that generate millions of dollars.”

Will Anderson | Austin Business Journal

While one expansion project is wrapping up, another one is planning to add another 31 million passengers a year capacity. However, the Airport 2040 Master Plan still has to be approved by the Austin City Council.

[Via Austin Business Journal]

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