Philadelphia Airport Moves Ahead with Expansion Plan with Land Acquisition
Philadelphia International Airport plans to purchase 20.8 acres (8.4 hectares) of land in Southwest Philadelphia as part of the airport’s long-term expansion plans.
The news was reported by the Philadelphia Inquirer.
The deal is still subject to approval from a City Council committee and the council itself.
The airport plans to buy the land for $14 million, which would come from fees paid by airlines, restaurants, concessions, and other airport vendors.
The space will likely be used as the site of a consolidated car rental facility.
The Federal Aviation Administration approved a plan for the airport’s expansion in 2010 and it has since been modified to meet the needs of neighboring communities. Two new passenger terminals are expected to be completed as part of the plans. The plan also includes new parking structures and runway expansions.
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