Nashville airport plans $1.2 billion renovation
Nashville International Airport is embarking on a $1.2 billion renovation aimed at changing virtually every aspect of a traveler’s experience.
The Tennessean (http://tnne.ws/2aGH9Jc ) reports projects planned in the next five to seven years include new parking, more security lines, larger baggage claim and ticketing areas, expanded concourse space and a hotel.
Airport leaders said the renovation is in response to a record-breaking number of passengers coming through Nashville – 12.2 million for the fiscal year ending June 30.
They say the renovation was made possible by a change in the airport’s governance structure, which switched control over capital projects from the airlines to the Metro Nashville Airport Authority.
The projects are funded through the airport’s existing revenue streams, which come from bond sales, aviation grants, parking and concessions revenue and rental fees.