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October 29th 2014 | Written By Press Release | Share

GFIA to Invest Over $95 Million in Capital Improvement Projects through 2020

GFIA to Invest Over $95 Million in Capital Improvement Projects through 2020

Grand Rapids, MI – The Gerald R. Ford International Airport (GFIA) is committed to providing state of the art facilities for its passengers, and the Airport will do just that by investing to improve its facilities with future projects. GFIA’s Capital Improvement Plan (CIP), which was approved by the Gerald R. Ford International Airport Board at today’s meeting, will include projects from 2015 through 2020 that total over $95 million.

The anticipated CIP includes a substantial investment in the construction of the Consolidated Checkpoint & Marketplace, reconstruction of the terminal apron, a master plan update, and reconstruction of the North and East Parking Lots. In addition, the plan includes resurfacing a portion of the airfield Perimeter Road, and mid-term maintenance items associated with the public parking structure.

The GFIA board approved the 2015 amended capital budget at $36,273,585, the 2016 capital budget of $18,838,500, and the five-year capital plan for years 2016-2020 of $59,728,400. The total investment for the six year plan tallies $96,001,958, with project estimates calculated in 2015 dollars.

“This investment in airport infrastructure clarifies our commitment to providing West Michigan travelers an airport gateway that not only accommodates increasing activity, but are also reflective of the West Michigan culture and community.” said Brian Ryks, GFIA Executive Director.

“We will continue to make improvements in our facility to make traveling comfortable, convenient, customer-friendly and cost-effective. Today’s approval from the airport board solidifies that commitment for our region’s travelers.”

The CIP is required to be submitted to the Michigan Department of Transportation (MDOT) Office of Aeronautics, and Federal Aviation Administration (FAA) on an annual basis.

Topics: Press Release, Construction