LAX Consolidated Rent-a-Car Center (LAX ConRAC) named a finalist for Best Transit Project, P3 Awards 2019

July 17, 2019

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.

Related Posts

  • King William
    March 28, 2025
    Fengate Real Estate president outlines current condo market, pivot to rental
  • Jamie McKenna
    March 7, 2025
    Trent School of Business CEO in Residence gives back in a big way
  • Jamie McKenna
    February 28, 2025
    A Journey of Resilience: From BBA to CEO and Beyond
  • Seasons Arbutus Walk
    February 28, 2025
    Fengate’s newest B.C. assets likely not its last