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Memphis International Airport issues RFQ for $700M-800M terminal upgrade

This article originally appeared at bizjournals.com on September 21st, 2022
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The Memphis International Airport has put out a Request for Qualifications (RFP) for a continuation of its Terminal Modernization and Seismic Program (TMSP). It proposes a multiyear, multiphase timeline with a price tag well above the recently completed modernization of Concourse B.

The RFQ details seven future potential packages to renovate Memphis International’s (MEM) terminal, which could total $700 million to $800 million (including escalation and inflation). It focuses on three core packages that would cost $300 million to $400 million. The RFQ describes the $245 million renovation of Concourse B, which opened in early 2022, as Phase I of the TMSP.

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