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Eugene pushes ahead on major airport expansion as officials launch feasibility study to close funding gap
Summary
Eugene — Airport Director Catherine Stevens told the Eugene City Council on Nov. 10 that the airport’s terminal renovation and expansion program (EUG Trex) is moving forward but faces a roughly $240 million funding gap for the Concourse C buildout.
Eugene — Airport Director Catherine Stevens told the Eugene City Council on Nov. 10 that the airport’s multiyear terminal renovation and expansion program, branded EUG Trex, is moving forward but faces a sizable funding shortfall for the full Concourse C buildout.
Stevens said the airport has identified nearly half of the funding needed for enabling projects and that a 30‑year bond could cover roughly $208 million. "The project total cost shows the maximum amount of utilizing a 30 year bond at a total of more than 208,000,000," she said. But, she added, "this includes a total of approximately 240,000,000 needed in additional" funding beyond that amount, leaving a near half‑billion‑dollar program when combined with previously identified amounts.
The presentation reviewed recent work and near‑term construction: a Concourse A asphalt apron rehabilitation this summer that Stevens said was "substantially complete" and an upcoming spring project to add about 7,000 square feet of shared seating and an…
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