After completing the luminous, $383 million Terminal 2 earlier this year, planners at San Francisco International Airport concluded that Terminal 3, now under construction, was not going to be up to snuff.
“We want to make sure that the standards we set with Terminal 2 we set with the other facilities now,” airport spokesman Michael McCarron said.
So on Tuesday, the Airport Commission agreed to cancel its airport design and construction contract with Hensel Phelps Construction Company, which has received $3 million to $4 million for work on Terminal 3 so far. The airport plans to resolicit bids on the new project.
The terminal’s new design will include an 18,000-square-foot expansion, more seating, remodeled custom restrooms, expanded airline tenant space, additional concession space and new finishing. Other possible renovations would allow for more natural light, a view of airport operations and upgraded curbside check-in.
Elements of the original design will remain, including the terrazzo floor, acoustic ceiling, Wi-Fi and information displays. Work should be done between 24 and 28 months.
“It’s a cardinal change to the contract,” Deputy Airport Director Ivar Sattero said.
The Terminal 3 redo was initially estimated to cost $23.8 million, but later increased to $35.8 million. Now the renovation is expected to cost up to $104 million.
Although that’s triple the price it was last week, only one airport commissioner commented on the price, but no commissioners batted an eye at the price increase and the motion passed unanimously.
The project won’t cost a cent of public money. Rather, it will be paid for out of the airport’s capital improvement fund, which is financed through bond sales, said Kandace Bender, deputy airport director of communications and marketing.
And apparently the airport, which has assets totaling $288.5 million, can afford it. Earlier this month, the bond-rating firm Standard & Poor’s upgraded SFO’s bonds from an “A” to an “A-plus” rating and gave them a “stable” outlook.
Terminal 3 cost grows
$23.8 million: SFO Terminal 3 refurbishment price in July 2010
$35.8 million: Refurbishment price in January
$104 million: Refurbishment price in July
New Terminal 3 features
- Terrazzo floor
- Acoustic ceiling
- View of airport operations
- Upgraded curbside check-in
- Remodeled custom restrooms
- Expanded airline tenant space