The Port of Seattle Monday announced that an estimated 3,000 jobs will be restored when the airport “Consolidated Rental Car Facility” parking garage construction begins again.
The Port of Seattle, the City of SeaTac, Turner Construction and representatives from the Washington State Building & Construction Trades Council and King County Labor Council will officially re-start the construction at a press conference and media photo opportunity on Wednesday, July 22nd at 10:30am.
Construction on the $419 million, 23-acre site will generate more than 3,000 local, family-wage jobs and nearly $2 million in tax revenue for the City of SeaTac over the life of the project. At least 1,000 jobs are expected to be created by the end of 2009. The facility is scheduled to open in spring of 2012.
The Sea-Tac Airport Consolidated Rental Car Facility will support all airport-related rental car operations at one convenient location. It is designed to meet the current and future demands of the traveling public. The facility will be a five-story structure that will greatly improve the size, space, and efficiency of rental car operations that are currently spread out from the main terminal garage and multiple off-site locations. In addition, the facility will open up two floors of public parking, more than 3,200 spaces, in the main terminal garage.
The project was temporarily suspended in December 2008 due to the meltdown in the global credit market. The Port of Seattle Commission approved the successful sale of $317 million in revenue bonds in late June in order to re-start the project.
