Miami International Airport has revealed plans for a $5 Billion expansion.

Airport director Lester Sola briefed the Board of County Commissioners Transportation and Finance Committee on a  Capital Improvement Plan will see construction from next year through 2035, at a cost of up to $5 billion.

By 2040, the airport expects passenger count to grow from 45 million to 77 million.  The current terminal capacity is thought to be around 60 million, but part of the space isn’t efficient.

Cargo is expected to grow even faster, with freight forecast to double by 2040.

All three terminals will see additional capacity added through a Miami-Dade County Procurement.  The new plan replaces a 2016 Terminal Optimization Program and will accommodate 70 to 80 million passengers.

In the Central Terminal, a new centralized check-in hall and security checkpoint will be built, along with a new shopping and restaurant area. Concourse F will be modernized and rebuilt, while connected behind security to Concourse E and the North Terminal. The old wooden Concourse G will be demolished, resulting in net capacity gains.

The South Terminal will see three new widebody gates added, along with more retail space.

The American Airlines-dominated North Terminal will also be getting more gates, replacing the D60 regional jet facility.

Other expansion will include two new hotels (to be developed by private developers) and parking garage.

$1.5 billion is already available in the next five years to build. The project is designed to be phased based on need.

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Luis is an experienced procurement lawyer and Miami lobbyist serving elected officials, businesses, international clients, and trade associations. He regularly appears before local and state government in order to advance complex objectives for clients against competing interests. He has weathered various competitive processes in Florida including Home Rule Charter Amendments, Recalls, Local, State and Federal campaigns.