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Price tag for new KCI terminal rises to nearly $2 billion

Posted at 7:58 PM, Oct 30, 2018
and last updated 2018-10-31 18:17:59-04

KANSAS CITY, Mo. — Several Kansas City council members say Edgemoor's price tag for the new terminal at Kansas City International Airport is now $1.9 billion.

This is the second price increase. 

Edgemoor originally quoted $1.02 billion for the project. In June, that was increased to $1.4 billion. Now council members tell us the airlines are reportedly pushing back.

In a statement, Southwest Airlines told 41 Action News, "The airlines have been continuing to meet with KCI officials and working collaboratively to determine an affordable budget."

LISTEN: 41 Files Podcast talks KCI's price changes

What that budget should be, Southwest wouldn't share.

A spokesperson for Edgemoor told 41 Action News the airlines are “fully supportive.”

Later, the company sent the following statement:

"Over the last year, our team, the airlines and City have worked in partnership to reach an agreement that delivers an airport Kansas City deserves and meets the needs of the airlines now and into the future. In Thursday, we look forward to updating the City Council and community at Business Session on several key topics including design, contracts and budget."

The timeline has also been pushed back since Edgemoor was selected. The new KCI terminal was originally tentatively scheduled to open November 2021. Earlier this year, that date changed to October 2022 at the earliest. 

No word on if this latest cost increase will delay the project even further.

Edgemoor plans to provide an update to city leaders during a meeting scheduled for Thursday.