McCarthy Wins $650M Contract for New Terminals at Reno Airport

McCarthy Constructing Cos. has secured a $650 million building manager-at-risk contract to construct the brand new Gen A and Gen B concourses at Nevada’s Reno–Tahoe Worldwide Airport, a serious element of the power’s $1 billion MoreRNO capital enchancment program.

The Reno–Tahoe Airport Authority introduced the award July 23, calling it essentially the most important infrastructure funding within the airport’s 96-year historical past. The concourses will change the getting old B and C terminals, which date to 1981.

As soon as accomplished, the brand new services will double the variety of boarding bridges from 12 to 24 and accommodate as much as 28 plane gates. Airport officers stated the upgrades are designed to satisfy forecast passenger demand by 2065.

Daren Griffin, president and CEO of the airport authority, stated in an announcement that the venture “is about serving the folks of our group by delivering an airport expertise that’s fashionable, environment friendly and welcoming.”

Reno–Tahoe Worldwide dealt with a document 4.8 million passengers in 2024, a 6% improve over the earlier yr, in response to the airport authority. The Federal Aviation Administration tasks the airport may attain practically 6 million annual passengers by 2035.

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Development is slated to begin within the first quarter of 2026, with phased openings starting in mid-2028, and full completion anticipated in 2029. Demolition of the present concourses will begin as soon as the brand new terminals are operational, as detailed within the venture planning paperwork. The phased method ensures operations stay uninterrupted throughout building.

McCarthy, which beforehand delivered the airport’s ticketing corridor modernization, will present each preconstruction and building administration providers. Jacobs is serving as program supervisor, with PGAL as design architect.

In keeping with reviews from the authority’s Planning and Development Committee, the new concourses will embrace expanded seating areas, elevated pure lighting, upgraded Transportation Safety Administration screening lanes, and extra eating and retail facilities. 

The venture additionally features a centralized utility plant designed to help future terminal growth and scale back long-term vitality consumption. The services are designed for a 40-year operational lifespan and obtain LEED Silver certification or larger.

Capital Plan and Value Breakdown

The concourse venture is backed partially by a 10-year airline use and lease settlement accepted in 2022, which shaped the monetary foundation for the airport’s multi-phase capital plan. 

Further funding was secured by a 2024 debt issuance by the airport authority, which raised roughly $316 million by a mixture of different minimal tax and non-AMT bonds. Proceeds are allotted for capitalized curiosity, reserves and construction-related bills.

Public paperwork present that the airport authority has licensed a number of assured most value packages beneath McCarthy’s contract. These embrace $188,464 for work associated to the centralized utility plant, $12.6 million for long-lead mechanical and electrical gear, and greater than $17.5 million in change orders tied to distant plane parking and website preparation. 

The authority additionally accepted a $12.9 million contract modification with PGAL to finish 100% design drawings for the Gen B concourse. Design and engineering expenditures now whole greater than $46 million, in response to committee assembly minutes.

Mark Crosby, vice chairman of aviation at McCarthy, stated in an announcement that the concourses “characterize a generational funding in regional connectivity,” and added that the corporate is “proud to play a key position in bringing this daring imaginative and prescient to life.”

The concourse redevelopment is one in all a number of tasks included within the MoreRNO program. Different components embrace a consolidated safety checkpoint, a floor transportation heart and a brand new airport police headquarters.