Hollywood Burbank Airport Takes Flight: New Passenger Terminal on the Horizon ($725 Million Secured)
Burbank, CA (July 13, 2024)—The – Burbank-Glendale-Pasadena Airport Authority has secured a significant step towards a new era for Hollywood Burbank Airport. The Authority successfully issued $724.78 million in Airport Revenue Bonds to fund the construction of a brand-new passenger terminal, dubbed "Icon."
Modern Design, Elevated Experience
The "Icon" terminal will replace the existing one with a focus on modern conveniences, safety improvements, and a sleek architectural design. It's part of a broader initiative called Elevate BUR, aiming to transform the airport into a hub of innovation and a key destination for domestic flights serving Burbank, Glendale, and Pasadena.
Sustainability at the Forefront
Funded primarily by the bond issuance, the project won't rely on taxpayer dollars. The new terminal boasts spacious interiors, state-of-the-art facilities, and smart technology integration within the parking structure. Notably, the design aspires to achieve a LEED Silver standard, potentially reaching LEED Gold, signifying a commitment to environmental responsibility.
Safety and Community Focus
The new terminal surpasses FAA safety requirements and incorporates electric vehicle charging stations in its parking facility. Additionally, the design avoids natural gas in favor of clean, electric alternatives for concessions and heating, reflecting a commitment to sustainability. The airport's strategic location and thoughtful design upgrades also contribute to community resilience, as it serves as a designated FEMA response airport in the event of emergencies.
Efficiency and Savings
Jacobs, the engineering firm leading the design-build program since 2022, played a crucial role in project efficiency. Their meticulous planning and teamwork facilitated a comprehensive review of the scope, existing estimates, and market analysis. This led to the identification of over $450 million in potential savings by eliminating unnecessary costs.
A Symbol of Innovation
"This program represents a major step forward in providing world-class facilities for passengers and airlines," said Jacobs Senior Vice President Katus Watson. "The new terminal will not only meet the highest safety and efficiency standards but also showcase the best of Burbank's hospitality and innovation."
Construction of the new terminal is expected to be completed by October 2026. This ambitious project promises a transformed passenger experience, positive environmental impact, and a landmark destination reflecting the city's aspirations. Anticipation builds for the day when travelers can experience the new era of air travel offered by Hollywood Burbank Airport.