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Port Awards Expansion Pact, Airport Volume Soars

LOS ANGELES-The thriving Port of Los Angeles has awarded a $78-million expansion contract to an Orange County developer, while officials at LA International Airport say record levels of both passengers and cargo passed through their facility's gates in 2000.

By David W. Myers | Updated on February 14, 2001

LOS ANGELES-The thriving Port of Los Angeles has awarded a $78-million expansion contract to Anaheim-based Sully-Miller Contracting Co. The expansion comes at a time when officials at LA International Airport say record levels of both passengers and cargo passed through their facility’s gates in 2000.

Activity at both the port and airport has been surging, thanks largely to Southern California’s strong economy and improving conditions in most other Pacific Rim nations. The higher passenger and cargo volume has fueled a renaissance in the real estate markets around both facilities, sending vacancies at existing projects lower and triggering a wave of new construction.

Port officials are planning to build a giant new container terminal project to accommodate their growth. The $78-million contract they have awarded calls for Sully-Miller to develop more than 300 acres of cargo storage space as part of the new terminal.

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