Our Impact
Reno Airport Ground Transportation Center, Nevada, United States
Background
The Reno Airport Ground Transportation Center (“Reno Airport GTC”) Project is the first Consolidated Rent-A-Car (“ConRAC”) facility since Meridiam’s acquisition of ConRAC Solutions (“CS”), reaching Financial Close in May 2024.
Reno Airport GTC’s primary new development includes a new ConRAC facility totaling 440,220 square feet and 1,470 spaces at the Reno-Tahoe International Airport, located in northwest Nevada near the California border. The facility aims to provide one central location for all commercial ground transportation providers at the airport.(1)
Meridiam developed the project in partnership with Conrac Solutions and at financial close formed the Project Company to contract with the Reno-Tahoe Airport Authority (“RTAA”) to deliver the project under a Design-Build-Finance-Maintain contract with a 34-year concession. Construction will be performed by a joint venture led by Webcor Construction (a subsidiary of Obayashi Corporation). Facility operations management will be undertaken by Conrac Solutions under long-term services contracts.
Sources:
Image: PGAL Architects
Stage:
Under construction
