Eppley looks at $500 million rebuild that would essentially reshape airport within five years

Now preparing for takeoff: the Eppley Airfield of the future.

The Omaha Airport Authority is preparing to move forward with a full reconstruction of the Eppley Airfield terminal, in the process reshaping the way the airport looks and operates.

Within five years, the potential $500 million rebuild would modernize Eppley with more than a new feel. The concourse, airline gates, security checkpoints, ticket counters and baggage claim all stand to change in an essentially new terminal.

“It’s really an exciting time for Omaha,” said Dave Roth, the Airport Authority’s executive director.

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As a governmental entity without taxing authority, the Airport Authority expects to issue long-term revenue bonds to fund the renovation, paid back through operational revenue from the airport and a federal passenger facility charge.