Engineering Inc - July/August 2018 - 7
"We are very excited to see that additional $1 billion," says
Heaton. "Maybe Congress is beginning to understand the
pent-up demand for airport infrastructure investment."
PRIVATE FUNDING
With public funding flatlined, airports and airlines are relying
more on private financing sources, including public-private
partnerships (P3s).
"We have been doing P3s for a long time, but we did not
call them P3s," says Millan. She points to car rental centers at
airports, which are typically funded through the revenue from
the car rentals.
There have been several attempts to create P3s for entire
airports, but only one has gone through-San Juan Luis
Muñoz Marín Airport in
Puerto Rico. Better, Millan
says is to "get away from
thinking of an airport as one
major thing and break it
down into a lot of different
funding opportunities."
For example, Denver
International Airport wanted
to include solar in its power
grid. The airport contracted
with a solar company to
install the array on its land.
The airport takes its share of
the power, and the company
sells the rest.
This common financing
arrangement, called "soft
P3s," is one in which the
airport and one or more airlines collaborate on a project.
"For the past 18 years, we have worked with the city
of Philadelphia and an airline on more than $1 billion in
infrastructure improvements to Philadelphia International
Airport," says David Yeamans, president, aviation &
federal, Burns & McDonnell. Philadelphia Area Industrial
Development, or PAID, the bond authority on behalf of
the city, sells the bonds. The airline executes the contract
for design and construction, which it then turns over to the
airport. The airline then becomes a tenant. "This method
allows the projects to get done more affordably and in about
half the time because the city has lengthy procurement
requirements," Yeamans says.
C&S Cos. has been working with several airports to
improve their land use. "We work with them to identify
opportunities that help generate revenue from their land
holdings," says Hotaling. "Using detailed market analytics,
we determine the best uses for the land, how to market it for
development and to whom."
Smaller airports are also getting in on the action. Crawford,
Murphy & Tilly recently worked with Chicago Rockford
International Airport and an airplane maintenance and repair
company to build two large fabric structures capable of
housing a 747 aircraft.
The FAA
estimates that
U.S. airport
traffic will
increase by
50 percent
by 2036 to
1.2 billion
passengers
annually
"This is the largest maintenance facility in the country that
is not owned by an airline," says Heaton. "The airport is using
the new facility as an economic generator, to bring traffic and
new users to the field."
PASSENGER EXPERIENCE
An increasingly important focus of infrastructure investment
for both the airlines and the airports is improving the
passenger experience.
"Customer satisfaction numbers are driving how the airlines
are investing," says Yeamans.
The FAA estimates that U.S. airport traffic will increase by
50 percent by 2036 to 1.2 billion passengers annually. Most
major airports are geographically constrained, so they cannot
build themselves out of the expected congestion. They need to
use their space better, getting passengers from the curbside to
the jetway faster and more efficiently.
Engineering firms are working with airports and airlines to
improve the operational logistics, such as designing security
screening to take up less space and move faster and speeding
up baggage handling.
"Airports are competing for travelers," says Pilney. "And the
passenger experience has become a huge differentiator." n
Gerry Donohue is ACEC's senior communications writer. He can be
reached at gdonohue@acec.org.
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ENGINEERING INC.
7
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Table of Contents for the Digital Edition of Engineering Inc - July/August 2018
Engineering Inc - July/august 2018
Contents
From Acec to You
Market Watch
Legislative Action
Experienced Help Wanted
Esops Accelerating
Three-Dimensional Engineering
Pli Market Staying on Course
New Technology
Managing Conflict
Urban Restoration Projects
Guest Column
Mergers and Acquisitions
Members in the News
Business Insights
Engineering Inc - July/August 2018 - Intro
Engineering Inc - July/August 2018 - Engineering Inc - July/august 2018
Engineering Inc - July/August 2018 - Cover2
Engineering Inc - July/August 2018 - T1
Engineering Inc - July/August 2018 - T2
Engineering Inc - July/August 2018 - T3
Engineering Inc - July/August 2018 - T4
Engineering Inc - July/August 2018 - T5
Engineering Inc - July/August 2018 - T6
Engineering Inc - July/August 2018 - T7
Engineering Inc - July/August 2018 - T8
Engineering Inc - July/August 2018 - Contents
Engineering Inc - July/August 2018 - 2
Engineering Inc - July/August 2018 - 3
Engineering Inc - July/August 2018 - From Acec to You
Engineering Inc - July/August 2018 - 5
Engineering Inc - July/August 2018 - Market Watch
Engineering Inc - July/August 2018 - 7
Engineering Inc - July/August 2018 - Legislative Action
Engineering Inc - July/August 2018 - 9
Engineering Inc - July/August 2018 - Experienced Help Wanted
Engineering Inc - July/August 2018 - 11
Engineering Inc - July/August 2018 - 12
Engineering Inc - July/August 2018 - 13
Engineering Inc - July/August 2018 - Esops Accelerating
Engineering Inc - July/August 2018 - 15
Engineering Inc - July/August 2018 - 16
Engineering Inc - July/August 2018 - 17
Engineering Inc - July/August 2018 - Three-Dimensional Engineering
Engineering Inc - July/August 2018 - 19
Engineering Inc - July/August 2018 - 20
Engineering Inc - July/August 2018 - 21
Engineering Inc - July/August 2018 - 22
Engineering Inc - July/August 2018 - Pli Market Staying on Course
Engineering Inc - July/August 2018 - 24
Engineering Inc - July/August 2018 - 25
Engineering Inc - July/August 2018 - 26
Engineering Inc - July/August 2018 - 27
Engineering Inc - July/August 2018 - New Technology
Engineering Inc - July/August 2018 - 29
Engineering Inc - July/August 2018 - 30
Engineering Inc - July/August 2018 - 31
Engineering Inc - July/August 2018 - 32
Engineering Inc - July/August 2018 - 33
Engineering Inc - July/August 2018 - Managing Conflict
Engineering Inc - July/August 2018 - 35
Engineering Inc - July/August 2018 - 36
Engineering Inc - July/August 2018 - 37
Engineering Inc - July/August 2018 - 38
Engineering Inc - July/August 2018 - Urban Restoration Projects
Engineering Inc - July/August 2018 - 40
Engineering Inc - July/August 2018 - 41
Engineering Inc - July/August 2018 - 42
Engineering Inc - July/August 2018 - 43
Engineering Inc - July/August 2018 - Guest Column
Engineering Inc - July/August 2018 - 45
Engineering Inc - July/August 2018 - Mergers and Acquisitions
Engineering Inc - July/August 2018 - 47
Engineering Inc - July/August 2018 - 48
Engineering Inc - July/August 2018 - Members in the News
Engineering Inc - July/August 2018 - 50
Engineering Inc - July/August 2018 - 51
Engineering Inc - July/August 2018 - Business Insights
Engineering Inc - July/August 2018 - Cover3
Engineering Inc - July/August 2018 - Cover4
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