Last month, more than 50 small, local, minority, women-, and veteran-owned businesses attended an outreach event to learn how they can be part of the team that builds our community’s terminal of the future.
Having a diverse group of business partners is important to us in all that we do, including building the new terminal at John Glenn International. This intentional approach creates strategic opportunities for a wide variety of companies — making the Columbus Region stronger.
That’s why we’ve committed to a 25% diversity business participation goal for construction of the $2 billion new terminal project, equating to approximately $400 million worth of contracts going to small, local, minority, women-, and veteran-owned firms.
The project runs through early 2029 with a wide variety of involvement opportunities, ranging from construction supplies to trades services to professional services and more. It will take professionals from all parts of our community to make this transformational project a reality.
Companies can learn about future new terminal outreach events and business opportunities with project leads Hensel Phelps and Elford by emailing jharper@henselphelps.com and dgilliam@elford.com.
How is the new terminal being funded?
As excitement around the new terminal builds, one of the most frequently asked question is around funding.
Many people are surprised to learn that the airport is financially self-sustaining. The new terminal will be paid for through a number of sources, including airlines and tenants, passenger user fees, parking, concessions, and other non-airline revenue. The airport will sell general airport revenue bonds committing future revenues and passenger facility charges from the aforementioned sources. In addition, the airport will be applying for federal grants.
Visit our FAQ page and stay up-to-date on the latest information on the new terminal at CMHNext.com.
