ICF (NASDAQ: ICFI), a global consulting and digital services provider, has announced that it helped Ferrovial Airports close on the USD 1.8 billion financing phase of a major terminal redevelopment project at Denver International Airport (DIA). Once built, the “Great Hall Project” will house one of the largest dedicated commercial and retail spaces in a US airport, the company said.
For over two years, ICF has served as technical advisor to Ferrovial in its bid to expand, redesign and redevelop DIA´s Jeppeson Terminal. The project involves rebuilding the entire terminal, relocating the security screening area to improve passenger flow and creating an expansive hall that houses retail locations.
ICF has supported Ferrovial in each phase of the proposed deal. This includes developing the commercial inputs used to develop Ferrovial´s winning bid, creating the business plan used to negotiate the commercial agreement with the airport, and providing a technical report used to obtain financing.
In addition to the redesign, Ferrovial will serve as the commercial operator for the upgraded terminal upon its completion. ICF projects that this airside shopping mall, remote from the concourses, will have revenue performance unlike any other airport in the US
For over 30 years, ICF has provided transaction advisory services to the majority of the world´s largest airport privatization deals. With unmatched insight into carriers´ business strategies, ICF is the go-to firm for helping airport executives strategically envision the future, optimize business opportunities and realize value. Read more about ICF´s aviation consulting and airport advisory services.
ICF is a global consulting services company with over 5,000 specialized experts, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.