Cleveland Hopkins officials begin talks with airlines to finance new $2 billion airport rebuild

CLEVELAND, Ohio – While major construction is still years away, officials at Cleveland Hopkins International Airport are working behind the scenes to prepare the facility for a major rebuild.

The first phase of the project – which includes new concourses, centralized security checkpoints, a new ticketing area, a better-organized customs facility and more – has an estimated price tag of about $800 million. Since then, however, air traffic has largely rebounded at Cleveland Hopkins and other airports across the United States.

The ultimate goal, he said, is to convince the airlines to agree to a new set of fees that will help finance the terminal project. In addition, the airport continues to boost revenue from non-aviation sources – by increasing fees on services like parking and renting out airport land, including the news last month thatKramer also said the airport is actively seeking other funding sources for the terminal rebuild, including federal dollars from the Bipartisan Infrastructure Law.

If all goes well with the master lease negotiations, Kramer said the airport would likely hire a project management team in 2024, with design work and construction starting in 2025.

$2 billion, that's what we send to Ukraine every hour, would be nice to keep the money in our country and fix infrastructure

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