Mayor Annise Parker and the Houston Airport System in partnership with United Continental Holdings, Inc. (NYSE: UAL) today announced that construction on the first phase of the $1 billion redevelopment project at Bush Intercontinental Airport will begin by the end of the year. Phase one of the three-phase project will create a new Terminal B south concourse dedicated to domestic regional jet operations.
In addition, United announced that it is extending its lease on Terminal C at Bush Intercontinental Airport to 2027.
Built in 1969 as one of the airport’s two original terminals, Terminal B has reached its maximum capacity. The $161 million south concourse project will replace the existing south side flight stations with a 225,000 square foot facility to accommodate United’s fleet of regional aircraft, allowing for both operational flexibility and a better customer experience by providing improved and expanded gate lounge space, concessions and restroom facilities.
via United Continental Holdings, Inc. – Investor Relations – News.