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News » US » Team picked for new Kansas City terminal » published 12 Sep 2017

Team picked for new Kansas City terminal

The preferred bidder has been chosen from four teams competing to develop a new terminal at Kansas City International (KCI) Airport.

The Edgemoor Infrastructure & Real Estate Team has been recommended by the KCI selection committee as its preferred partner to finance, design and build a new single terminal. The team, which is is led by developer Edgemoor, also includes equity investor Meridiam Infrastructure, and a design-build joint venture of Clark Construction Group and the Weitz Company. Skidmore, Owings & Merrill (SOM) will serve as the lead architect, and Project Finance Advisory Limited (PFAL) will be the financial advisor.

The selection of Edgemoor comes after a multi-step procurement process that included separate qualifications-based and financing-based submissions, an interview, and follow-up questions posed by the city to all the proposers. The other proposers were: Burns & McDonnell KCI Hometown Team, JLL (Jones Lang LaSalle Midwest), and KCI Partnership (AEComm Capital).

Edgemoor managing director Geoffrey Stricker said that the once-in-a-generation project will not deliver a much-needed new airport terminal for Kansas City but will also create jobs and drive economic development. He added that the Edgemoor team looks forward to partnering with the city council, staff, the aviation department, airlines, citizens and the business community in an open, collaborative process to develop, design, and deliver a new, state-of-the-art terminal.

 “We believe that Edgemoor offers Kansas City and its citizens the most flexible solution for design and financing, provides the greatest value, and will deliver a new terminal for Kansas City that reflects the community’s involvement and input,” said Bill Clarkson, president of Clarkson Construction.

 

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This article was published on 12 Sep 2017 (last updated on 14 Sep 2017).

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