Tuesday, June 5, 2012

Memphis International Airport gets $22.5M grant for new parking garage - The Business Journal of the Greater Triad Area:

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million grant through the Tennessee Departmentof Transportation’s Aeronautics Divisiohn to build a new $135-$140 million parking The new garage will be built just north of the existintg garage. It will be seven levels with two levelsd for rental car retail spacse and the rest for It will be connected to the terminal by a movingy sidewalk on thelowest level. Constructionj is expected to begin late this year and take 24 monthzto complete.
The Shelby Countyh legislative delegation helped secure these funds for Memphis International according to apress “Investing in our commercial airports helpxs our state remain competitive in the aeronautics industry and provide a good firsty impression to visitors and businesx travelers to Tennessee,” Gov. Phil Bredesen said in a TDOT’s Aeronautics Division administers federal and state fundingf to assist Tennessee airportsin location, design, construction and maintenance. Grantr applications are reviewed by the TennesseeAeronauticsa Commission, a five-member board charged with regulatinb changes in the state’s airport systej plan.

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