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Kansas City officials nix $1B KCI airport terminal deal | Chesapeake Virginia Dump Truck, Aggregate, Excavation Company

Columbus Ohio Dump Truck Company Brief:

  • A super-majority of the Kansas City, MO, city council voted to void a memorandum of understanding with Edgemoor Infrastructure & Real Estate for the development of a new $1 billion terminal at Kansas City International Airport, casting doubt on the firm's future involvement with the project, according to The Kansas City Star.
     
  • Council members against finalizing a deal with winning-bidder Edgemoor cited as reasons a potential $30 million reimbursement commitment to the company, even if the project doesn’t happen and a lack of specifics around its financing and community benefit plans. One council member introduced a resolution that would permanently cut ties with Edgemoor; a council committee will further discuss the measure this week.  
  • Critics of the council's action alleged that it was a roundabout way to award the project to AECOM, the second-place bidder, although, according to The Star, it is not certain whether officials will be permitted to negotiate with AECOM or if the project will have to be put out for bid once again.Kansas City

Dump Trucks Columbus OH Insight:

Last month, Kansas City voters, obviously eager for a more expansive and amenity-rich terminal, approved the new project by an overwhelming 75%. For many, the vote was supposed to be the culmination of a contentious procurement process that saw consortia led by AECOM and hometown team Burns & McDonnell, who first proposed the terminal project, lose out to Edgemoor.

The council's selection committee gave the nod to Edgemoor back in September, but it wasn't even a few weeks later that questions about the selection process began to arise — not the least of which was how the bidders were ranked. An informal tally had AECOM leading the pack as late as mid-August.  

Massive airport terminal and redevelopment projects are moving forward with greater frequency because many terminals were built during the 1960s and 1970s in order to accommodate an uptick in public air travel.

Two projects at LaGuardia Airport in New York City total $8 billion, representing one of the most ambitious airport redevelopments currently underway. LaGuardia Gateway Partners (LGP) is engaged in a $4 billion replacement of Central Terminal B and will operate and maintain the new building when construction is complete.

Delta is also building a new terminal at LaGuardia, this one $4 billion as well. While the Central Terminal B project will use at least two-thirds private financing and passenger fees, Delta is funding $3.4 billion of the new terminal, with the Port Authority of New York and New Jersey picking up the rest of the bill.