The Gulf Shores Airport Authority signed an agreement with TBI/VINCI Airports for the construction of a new commercial air terminal at Gulf Shores International Airport in Gulf Shores, AL. VINCI is the leading private airport owner/developer in the world. TBI/VINCI will build, manage, and operate the new facility, with the Authority maintaining operational control of the airport. TBI/VINCI and the Authority will jointly market for new entrants to service one of the largest leisure market sites on the Gulf Coast, with over 8 million visitors annually.
The project involves a two-phased approach with an estimated $3.7 million initial investment in interim facilities that will be in operation by March 1, 2023. Design work will begin on the permanent structure once passenger enplanements reach 75 thousand, with construction to begin at 125 thousand enplanements.
"With the level of interest and existing demand, we do not plan to be in the interim for long," said Scott Fuller, City of Gulf Shores Airport Director. "The only reason to address interim facilities is to accommodate traffic now and not wait for a two-year design and construction project to be completed."
"We have already passed on two projected startup requests for lack of adequate facilities," stated Vic Roberts, Chairman of the Gulf Shores Airport Authority.
The Authority was assisted in the solicitation and negotiation process by BJSA, Inc. of Cincinnati, Ohio.
For more information about Gulf Shores International Airport, please call the Gulf Shores Airport Authority at 251-967-3968.
Original source can be found here.
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