LAX Consolidated Rent-a-Car facility agreement gets nod from airport officials

The $2 billion contract is one of several large projects underway around the airport

TRD LOS ANGELES /
Oct.October 22, 2018 11:15 AM
A rendering of the Consolidated Rent-a-Car facility (credit: Los Angeles World Airports)

The Los Angeles International Airport entered into a $2 billion contract with a group of 11 companies to develop and operate a car rental facility there.

The agreement comes a month after the Los Angeles Board of Airport Commissioners gave LAX officials the go-ahead to negotiate a contract with the consortium, called L.A. Gateway Partners. The contract includes a 28-year operating agreement, according to the Los Angeles Business Journal.

The Consolidated Rent-a-Car facility would consolidate 20 car rental operations spread around the area for a total of 5.3 million square feet. It would be located two miles east of LAX near Interstate 405.

The consortium expects to complete the project by 2023.

L.A. Gateway Partners is led by Denver’s PCL Construction Services Inc., which is the general contractor. Architecture firm A.C. Martin Partners is a local partner. The team beat out three other proposals for the contract.

The facility is part of a larger effort to improve access to the airport called the Landside Access Modernization Program. It includes a planned tram service called the People Mover, which will connect to the Consolidated Rent-a-Car facility and the Metro. The agreement is the last in a series of LAMP contracts awarded this year, which included one for the People Mover and related facilities.

Other development projects in the works at LAX include a $1.6 billion overhaul of the American Airlines terminal. The airline broke ground last week.  [LABJ]Dennis Lynch


Related Articles

arrow_forward_ios
California State Senator Scott Wiener and Construction Trades Council President Robbie Hunter

Construction union pulls “anti-Semitic” Scott Wiener attack ad

Construction union pulls “anti-Semitic” Scott Wiener attack ad
Federal authorities charged developer Serena Shi in an alleged $20 million EB-5 scam

Coachella condo project at center of $20M alleged EB-5 fraud

Coachella condo project at center of $20M alleged EB-5 fraud
California State Senator Scott Wiener

Coronavirus could hurt LA’s density push

Coronavirus could hurt LA’s density push
Renters across LA are at their wits end with construction and renovations (Credit: iStock)

LA renters stuck at home are fed up with ‘disruptive’ construction projects

LA renters stuck at home are fed up with ‘disruptive’ construction projects
Mayor Eric Garcetti and SoFi Stadium Justin Sullivan and Scott Varley/MediaNews Group/Torrance Daily Breeze via Getty Images)

LA will shut down construction sites that don’t follow COVID-19 guidelines

LA will shut down construction sites that don’t follow COVID-19 guidelines
5240-5300 West Century Boulevard (Credit: Google Maps and iStock)

Around LAX, office-to-hotel conversions are catching on

Around LAX, office-to-hotel conversions are catching on
Architect Simon Park and a rendering of the project (Credit: SSPSTUDIO ARCHITECTURE & URBAN DESIGN)

Boyle Heights slated for another mixed-use project

Boyle Heights slated for another mixed-use project
Monica Rodriguez orchestrated the nixing of a residential project set for the Verdugo Hills Golf Course (Credit: Google Maps, Wikipedia)

The threat of fire doomed this Tujunga resi project. Now the developer will sue

The threat of fire doomed this Tujunga resi project. Now the developer will sue
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...