Privatization Takes Flightby John Prendergast, Assoc. Editor;
Serial Information: Civil Engineering—ASCE, 1991, Vol. 61, Issue 2, Pg. 36-39
Document Type: Feature article
Abstract: The number of air travelers in the U.S. is projected to double by early in the next century. Delays have also been mounting rapidly. Major airports around the world are facing the same situation. The result is clear: more and more people spending longer and longer times waiting around in airport terminals. Private development of terminal facilities could be one way to get those terminals built. The first privately developed, built and operated air passenger terminal in North America, the $520 million Terminal 3 at Toronto's Lester B. Pearson International Airport, is scheduled to open this month. The 1.4 million sq ft project includes a main terminal with 24 gates and 110,000 sq ft of retail space and a satellite terminal with five gates and 1,300 sq ft of retail space. Construction of an aboveground parking garage and hotel on site were also part of the project, as well as access roads, apron facilities and associated infrastructure. As many as 10 million people are expected to use the terminal in its first year, rising to 14.5 million by 1994.
Subject Headings: Airport terminals | Airports and airfields | Canada | Construction | Private sector | Privatization |
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