Three teams have submitted proposals for the Denver International Airport redevelopment project. Den Transformation Team DT2 (Manchester Airport Group), Ferrovial Airports and Westfield LLC are the teams that have bid for the project.

In February 2015 we reported that the Department of Aviation for the City and County of Denver was looking for teams to accomplish three main objectives:

• Reclaim all or a portion of the space on Level 5 of the Great Hall that is currently being used for security screening by the Transportation Security Administration (TSA), by developing alternative space within the terminal for TSA security screening, with the goals of improving passenger flow and increasing non-airline revenue opportunities in the Great Hall;
• Improve passenger processing (ticketing, baggage and security) to optimize the capacity, efficiency, flexibility and useful life of the terminal; and
• Create a workable financial plan and structure for the redevelopment of the Great Hall that incorporates an efficient use of private sector capital and risk transfer to generate value to the City, in exchange for a scope of to-be-determined rights or other benefits to be granted to the selected proposing team.

The private investment of the P3 project would be repaid through concessions revenue, a portion of which DIA could claim. In 2014 approximately 46 % of the airport’s US$700 million in operating revenue came from non-airline operations.

According to sources, the renovation could begin this year and i is expected to be completed by the first quarter of 2019.

Denver International Airport (DIA) is the largest airport in the United States by total area. As of 2015, DIA was the 18th-busiest airport in the world and the 6th busiest in the United States by passenger traffic with over 54 million passengers. It also has the third largest domestic connection network in the country.