DALLAS-Officials have estimated that the cost of redeveloping Dallas Love Field could exceed $1 billion. About $519 million is being utilized to replace the terminal in Love Field. About $250 million is expected to be used for an automated people mover, while the rest will be utilized for drainage, aprons, new taxi ways and other improvements.

However, there are no set plans for the automated people mover that will connect Love Field with the planned Dallas Area Rapid Transit. For the full story, go to The Dallas Morning News.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.