KENNER, LA – On Monday, December 21, 2015, the New Orleans Aviation Board voted to approve a $599 million deal with Hunt-Gibbs-Boh-Metro, the contractor group that will oversee the expansion.
According to Jeff Adelson with The New Orleans Advocate, the new terminal is now expected to cost $50 million more than previously estimated and be roughly 100,000 square feet bigger than originally proposed.
Adelson reports the new terminal will cost nearly $1 billion in construction when all the related work is taken into account, making it the largest project in the city’s history.
Airport officials have been negotiating the final amount of the contract with Hunt-Gibbs-Boh-Metro, Adelson reports. It’s a joint venture between Hunt Construction Group, an Indiana firm, and three local companies that won the competition to build the terminal last year.
Adelson reports construction is expected to begin in January, and workers will begin erecting the actual building by the summer.