The Jacksonville Aviation Authority board took steps Jan. 23 toward constructing an estimated $100 million parking garage and to expand the security checkpoints at Jacksonville International Airport.The board voted 6-0 for a $10 million budget transfer to design a third parking garage that would add about 2,000 spaces. The facility, envisioned as six levels, is designed next to the existing daily garage and projected to cost about $100 million. It would completed by the fourth quarter of 2024 or first quarter of 2025.It also unanimously ratified a $15 million award for continued work on the checkpoint renovation at the airport. JAA’s awards committee voted Dec. 19 to award the contract.Both would serve the terminal expansion to add the six-gate Concourse B, expected to be completed in 2025.
If that's really a $100M parking garage for only 2,000 spaces then somebody is getting hosed. If the exterior screening looks like the current garages then they are overpaying by at least $30M.
Preliminary estimates are that the new [2,400 space] garage could cost from $58 million to $96 million, adding another big-ticket project for Jacksonville International Airport on top of the concourse.JAA administrators could seek the aviation authority board's approval in January for putting money toward design of a six-story garage that will expand an existing garage next to the airport terminal by building over what's now surface parking.VanLoh said the construction will cause some disruptions over a two-year period because it remove some parking lots from use while the garage is being built."It will cause a little bit of pain to our customers to try to reroute traffic and making sure everybody has a place to park that wants a place to park," he said.He said the next step will be to work on a financing strategy."It will not be, as you can imagine, inexpensive," he said. "Garages never are."He said the rule of thumb in the industry has been that garages cost about $24,000 per space, which would put the cost at around $58 million, but he's heard more recent estimates that it could be in the range of $40,000 per space because of higher construction costs. At the high end of the range, the garage would cost about $96 million.
