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Myrtle Beach International terminal expansion ahead of schedule; airport projects funded with PFCs and savings forecast
Summary
Airport staff told the INR committee the terminal expansion is about four weeks from completion, reported gross maximum price (GMP) savings of about $4.7 million, and said roughly $10 million of additional finish work is planned using PFC and local airport revenues to be completed before the 2026 season.
Airport representative Judy gave the INR committee a visual update on the Myrtle Beach International (MYR) terminal expansion, describing recent finishes, passenger amenities and the construction schedule.
Why it matters: The terminal improvements affect passenger experience, concessions and airport operating revenues. Judy said the project is three weeks ahead of schedule with substantial completion expected in roughly four weeks, and staff forecast GMP savings that would allow additional interior finishes funded through PFCs and airport revenues.
Details presented: Judy described electrochromic glazing for western exposures, a clerestory design to moderate interior light, preserved palm trunks used as decor and six new gates. She said passenger-area work is nearly complete, concession agreements are in place with Hudson News and a local food operator, and the airport has been working with airline partners to backfill routes impacted by changes at one carrier.
Cost and funding: Judy told the committee, “we're forecasting a GMP or gross maximum price savings of approximately $4,700,000.” Staff said additional work to match terrazzo flooring across levels and update first‑level restrooms would cost about $10,000,000; the airport plans to use passenger facility charge (PFC) funds and local airport revenues (about $5,300,000) to cover part of the cost and said the estimates are conservative.
Operational context: Judy noted some carriers have reduced markets recently but that the airport had a strong August and that other carriers have added destinations. Staff said if a carrier suspends service, recovery could take one to two years. The airport will continue planning with airline partners and finalize contracts for concessions and food service.
Next steps: Construction work will continue while subcontractors are on site; staff expects the terminal to be ready for the next travel season and will return to council with any notable contract changes or budget updates.
