new 35-gate terminal, 70 acres of
aeronautical ramps, frontage roads
and other related facilities.
The $2 billion Newark Liberty
International Terminal A
redevelopment project includes
construction of a new 33-gate
terminal (expandable to 45 gates),
144 acres of associated airfield work,
a new roadway system and a 3,000-
space parking garage.
Stewart International is budgeted
for a $71 million project to
rehabilitate Runways 9-27 and 16-34,
the airport’s two main runways.
continued on page 42
The Gary/Chicago International
Airport Authority has unanimously
approved development and
management agreements covering
The management and development
group is led by Aviation Facilities
Company Inc. (AFCO) and AvPorts.
“AvPorts and AFCO are proud to
have been selected by the city of
Gary and Gary/Chicago International
Airport Authority to develop and
manage Gary/Chicago International
Airport,” said Steve Forrer, AFCO
executive vice president. “This has
been a long process and Gary has
been an excellent partner every step
of the way.”
The authority announced that key
provisions of the agreement include
an investment and action plan
intended to achieve a $100 million
investment over 40 years; and a
10-year management agreement, with
up to six five-year extensions.
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