ST. LOUIS – The St. Louis Board of Aldermen reviewed funding for St. Louis Lambert International Airport Monday.
Under five proposed bills, Lambert would receive a facelift, transforming into a single-terminal airport. These proposals are under bill numbers 186, 187, 188, 201 and 207.
“In October, we were able to negotiate with the airlines for an approval of about $331 million for seven projects that will help us move forward on several initiatives, and our master plan and the potential consolidated terminal project,” Antonio Strong, deputy director of Lambert Airport, said.
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Renovations would include an increase in gates, more concessions, an expanded on-site garage, an improved roadway system, and room for additional domestic and international routes.
The airport anticipates a total of seven projects, with six of them to be secured through bonds. They are seeking approval for $320 million in airport revenue bonds.
Airlines are paying as much as $2.8 billion over the span of the project, with Boeing also contributing to the multi-year proposal to be completed by 2032.
“We passed these at a committee today… and they’ll be perfected (at the full board meeting Friday),” Alderwoman Daniela Velazquez (Ward 6) said. “Then we’ll have to do one more reading until they’re passed into law.”