The Miami-Dade County Commission Thursday unanimously approved a nearly $1 billion increase in Miami International Airport's construction program, bringing the total cost to $6.2 billion.
The vast majority of the higher price tag relates to the airport's $2.66 billion North Terminal, which will be used by MIA's dominant carrier, American Airlines, and its partners. The estimated completion date of the terminal is now February 2011, airport officials said.
Commissioners also approved $49 million in additional funding for the airport's South Terminal, $29 million of which is needed to finish the terminal and another $20 million to provide a reserve for the settlement of claims. The total cost of that terminal is $840.5 million.
The South Terminal's completion is essential to move airlines out of Concourse A to allow the North Terminal's construction to continue unhindered, said Max Fajardo, Miami-Dade Aviation's assistant aviation director for Facilities Management.
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The vast majority of the higher price tag relates to the airport's $2.66 billion North Terminal, which will be used by MIA's dominant carrier, American Airlines, and its partners. The estimated completion date of the terminal is now February 2011, airport officials said.
Commissioners also approved $49 million in additional funding for the airport's South Terminal, $29 million of which is needed to finish the terminal and another $20 million to provide a reserve for the settlement of claims. The total cost of that terminal is $840.5 million.
The South Terminal's completion is essential to move airlines out of Concourse A to allow the North Terminal's construction to continue unhindered, said Max Fajardo, Miami-Dade Aviation's assistant aviation director for Facilities Management.
story here