In a 10-2 vote, the Denver City Council on Aug. 14 approved a $1.8-billion contract with a public-private partnership, led by Spain-based Ferrovial, to upgrade the terminal at Denver International Airport, despite opposition from several major airlines, which will pay higher airport fees. The P3 contract includes construction costs between $650 million and $775 million. Set to start next year, work will take four years to complete, followed by 30 years of terminal concession operations by Ferrovial, says an airport spokesperson.
Denver Airport Terminal's $1.8B Upgrade Approved by City Council
August 30, 2017