Indianapolis airport to expand parking garage by 1,500 spaces

The Indianapolis International Airport plans to add 1,500 spaces to its parking garage, but only a third of those spots will be designated for visitors who drive their own vehicles to the airport.

On Friday, the Indianapolis Airport Authority awarded a $2.34 million contract to Indianapolis architecture firm CSO Inc. to design the project. The expansion will add 1,000 new spaces for car rental companies and 500 new public spaces. The project involves the north side of the existing garage and all five floors of the facility.

CSO’s contract covers design services, including architectural, structural, mechanical, electrical and plumbing. The firm also was involved in the construction of the airport’s terminal, which opened in 2008.

The airport’s existing parking garage has 7,100 parking spaces on five floors: 1,200 for rental car fleets and 5,900 for paid public parking.

The airport authority will award a separate contract for the construction phase of the project. Airport officials said they could not immediately provide estimated construction costs Friday morning.

Construction is expected to be complete in summer 2021.

Parking fees are an important source of revenue for the airport. In 2018, 34 percent of the airport’s operating revenue, or $54.6 million, came from fees at the airport’s garage and surface lots.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.

3 thoughts on “Indianapolis airport to expand parking garage by 1,500 spaces

  1. That’s a significant amount of money just for design. Expect more for engineering, construction and then management. How much will be spent to promote transit to/from the airport?

  2. Surprised that, in the age of ride sharing services and public transit, that there is an increasing demand for rental cars that would necessitate 1000 additional spaces for rental cars.

{{ articles_remaining }}
Free {{ article_text }} Remaining
{{ articles_remaining }}
Free {{ article_text }} Remaining Article limit resets on
{{ count_down }}