This week, the Metropolitan Washington Airports Authority board of directors approved a 15-year contract that includes plans for potentially $9 billion worth of projects at the two airports it manages: Ronald Reagan National and Dulles International Airports.
The contract is a use and lease agreement with the airlines that use the airports, and it still needs to be approved by airlines representing a majority of the two airports’ flights. Since Dulles is a hub for United and Reagan National is a hub for American, the support of those two airlines alone would be enough to ratify the contract.
Assuming it is approved, the contract would begin January 1, 2025, and last 15 years. During that time the airports authority (MWAA) has plans for major projects at both airports.
A full list of proposed projects at Reagan National and Dulles International Airports if approved for roughly $9 billion in funding.
Click here to view the PDF file.
At Reagan National Airport, the plans call for a $835 million redevelopment of Terminal 1, which is the original part of the airport. An MWAA spokesperson says the historic outside of Terminal 1 would not be torn down, but the redevelopment work would happen in other areas of Terminal 1. Exact plans for what changes would be made have not been drawn up yet.
Click here to read the rest of the article written by Tom Roussey over at WJLA News Channel 7
