![]() ![]() Why the changes? In short, the terminal got bigger. Initially, the estimate sat around $964 million, and it fluctuated around from $1.3 billion to $1.6 billion before settling on its current budget of $1.5 billion. The cost estimate for the terminal has varied greatly since the project was approved in 2017. Here’s a breakdown of the terminal’s finances. ![]() So where does $1.5 billion to pay for the terminal come from? And why is it $500 million more expensive than initially anticipated? And according to the measure that voters approved in 2017, it explicitly cannot receive city funding beyond airport revenue. It promises accessibility improvements, locally owned concessions and plenty of public art.īut the new terminal is a massive - and expensive - undertaking. ![]()
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