Renovation of Dallas-Fort Worth International Airport's four terminals is expected to be funded by the proposed sale of $2 billion in bonds this fall.
Airport board members discussed plans to pay for the improvements expected to start in February and be finished by 2017. Each terminal would get an upgraded parking lot. The board, during its annual retreat Thursday, also considered parking rate increases, in a proposal expected to be formally approved at a meeting next week.
Airport CEO Jeff Fegan told board members that commercial development is one of the greatest opportunities for future revenue that's not dependent on the airline industry.
The airport, which opened in 1974, covers nearly 30 square miles and handles approximately 154,000 passengers daily.
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