The LAX Consolidated Rent-a-Car (ConRAC) Project has been named a finalist for the category of “Best Transit Project,” which includes all rail/light rail/airport/port projects. This $2 billion project will be built using a public-private partnership (P3) contracting model. LA Gateway Partners (LAGP) will be designing and constructing the facility and will also be responsible for operating and maintaining it for a 28-year period. The LAGP team includes:
- Developer: Fengate Capital Management Ltd.; PCL Investments USA, LLC; and MVI Finance, LLC
- Design-Build Contractor: PCL Construction Services Inc.
- Designer: PGAL, Inc. and AC Martin Partners
- O&M Provider: Johnson Controls, Inc.
The ConRAC will consolidate 23 various rental car locations in and around the airport into one convenient facility located adjacent to the 405 freeway. Expected to comprise almost six million square feet, the LAX ConRAC will be the largest ConRAC facility ever built and will be connected to LAX’s Central Terminal Area via an Automated People Mover (APM) train system.
Once completed and operational, rental car shuttles will no longer access the LAX terminal loop as all customers will ride the APM train to get to their rental car company. With the removal of rental car shuttles, LAX will see a significant reduction in vehicle traffic and passengers waiting to board curbside at the airport, as well as improved land use and reduced carbon emissions.
The Best Transit Project category includes all rail/light rail/airport/port projects, rather than individual organizations. Click here to view the list of P3 Awards 2019 finalists.