The Airport Terminal Redevelopment Project in Salt Lake City

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If you haven’t heard the buzz about the Salt Lake City International Redevelopment Project, you will soon! It’s new information to everyone, but the local airport will be rebuilding a majority of its terminals. It will be an eight-year-long project that closes around 1.8 billion dollars. However, the project expects to bring in 3.3 billion dollars in the local economy, in addition to creating 24,000 jobs.

The current design isn’t up to par anymore. Previously, it was created to serve 11 million passengers a year. Currently, Salt Lake International serves 22 million passengers a year and grows 5% annually. Plus, the buildings have aged and aren’t adequate to survive an earthquake. That’s why the building will be rebuilt, instead of remodeled.

There will be two separate levels for drop-off and pick-up, on-site terminals for rental cars, and more parking. Additionally, international traffic will increase in the next few years, including direct flights to Amsterdam, London, and Toronto. Although it’s a few years away, I’m excited to see the changes and success the project will bring to our area. We might even begin to see changes in the airport as early as next month.

If you have any questions about real estate in the surrounding area, give me a call or send me an email! I’d be happy to answer any questions you have.