Denver International Airport (DEN) has selected a consortium headed by Spain’s Ferrovial to start exclusive negotiations for a public-private partnership to improve Denver International Airport terminal, named the "Great Hall" project.
The selection was announced 1 July by City & County of Denver Dept. of Aviation, which owns the airport.
Ferrovial Airports is part of the consortium alongside Ferrovial Agroman, the US construction company Saunders and JLC, an investment fund set up by Loop Capital and Magic Johnson Enterprises.
In a statement Ferrovial said it will negotiate with the city over the next six to eight weeks to define the terms and scope of work for the initial phase of the project, called pre-development phase.
Predevelopment includes six months of additional negotiations over the scope, financial terms and schedule for a potential long-term agreement.
As part of the predevelopment phase, Ferrovial will negotiate the concession contract to cover the design, construction, finance, operation and maintenance of the project.
The "Great Hall Project" includes an extensive upgrade to the main terminal at Denver International Airport, which spans over 70,000 square metres of floor space.
If successful, Ferrovial Agroman will lead and execute the construction work in cooperation with local partner Saunders.
Inaugurated in 1994, Denver International Airport is the fifth-largest hub airport in the US, Ferrovial said.
It handles 54 million passengers every year and is served by 25 airlines.
Image: The peaky, white, tension-fabric roof of Denver airport mimics the surrounding Rocky Mountains (Sox23 /Wikimedia Commons)