PHOENIX-The City of Phoenix will start construction within a year on a $250-million facility near Sky Harbor International Airport. The idea is to deliver a consolidated site for vehicle rental companies and free up space for airline expansion.

Phoenix plans to build a 200,000-sf building for 15 major vehicle rental companies, a two-level parking garage for 6,000 ready-to-rent vehicles and a parking lot for another 17,000 rentals. The facility will be built on 135 acres at the southeast corner of Buckeye Road and 16th Street.

“It’s to consolidate all of the critical functions of our car rental operations into one location,” Cindy Lizarraga, land development administrator for Phoenix’s aviation department, tells GlobeSt.com. “It will give us space to redevelop the terminal for other higher uses and that opens it up for airlines to expand their operations.”

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