Blue Grass Airport (LEX) today announced plans for airport enhancements through its Future LEX program.
In response to increasing passenger volume, Blue Grass Airport is moving forward with a phased approach to expand its terminal and facilities.
Serving More Passengers
According to the airport, airlines are operating larger aircraft, adding flights, and serving more destinations than ever before.
In fact, the airport estimates passenger volumes at LEX to rise, with numbers projected to nearly double by 2045.
Today’s demands require additional space inside the terminal and on the aircraft ramp.
The first several phases of the airport enhancements represent an approximate $500-million investment over the next five years, with total costs to be refined as planning progresses.
This is part of a broader, long-term program that will unfold over the next decade.
“Blue Grass Airport has always been defined by its approach to service, convenience and an easy travel experience,” said Eric Frankl, President and CEO of Blue Grass Airport. “With Future LEX, we’re building on that foundation. This is an important investment that allows us to grow thoughtfully while continuing to deliver the experience our passengers know and love.”
Building the Foundation
Before terminal expansion can begin, several key projects will prepare the airport and create the space needed for future development. These initial efforts will focus on:
- Adding 815 long-term parking spaces
- Relocating and expanding the rental car facility
- Expanding fuel storage capacity and ramp space to support additional overnight aircraft parking for early morning departures
- Relocating the U.S. Customs facility for international, private aviation passengers
- Preparing for a future FAA air traffic control tower relocation
New Concourse and Expanded Terminal
As part of the first five years of development, those initial projects will create the foundation for a larger, expanded terminal.
At the heart of this stage is a new concourse that will feature:
- Eight new gates to accommodate larger aircraft and additional flights
- Expanded dining and retail options
- A modernized baggage claim area
These projects are supported in part by $24.9 million in state funding to begin key facility construction, along with $5 million in federal support secured through U.S. Senator Mitch McConnell.
Additional project funding will be provided on an interim basis via a line of credit, with the intent to refinance this obligation into long-term debt through the issuance of airport revenue bonds.
“We’re grateful for the support of our state legislature, including leadership from State Senator Amanda Mays Bledsoe, and for U.S. Senator McConnell’s support, whose support for funding is helping move Future LEX forward,” said Frankl. “This funding allows us to take important early steps and begin the infrastructure needed to support the airport’s future growth.”
Future phases of expansion have already been identified and will begin as passenger demand grows.
New Visual Identity
As part of the enhancements, Blue Grass Airport also unveiled a new brand identity.
The new logo draws inspiration from Kentucky’s iconic rolling hills, incorporating the LEX airport identifier and an aircraft in motion to symbolize forward momentum.
“This is just the beginning,” added Frankl. “We’re excited to keep the momentum moving forward as we shape an airport that reflects who we are and what’s ahead at LEX.”
For additional details on the Future LEX program, visit www.bluegrassairport.com/futurelex.
