Elevating Travelers at LAX
We are advising the City of Los Angeles, Los Angeles World Airports on an Automated People Mover (APM) train system at the Los Angeles International Airport (LAX).
The APM system is an elevated train system with six stations running up to nine electric powered trains, each with four cars, in simultaneous operation. The APM trains will travel on a 2.25-mile long guideway, easing access into and out of the second largest airport in the U.S. Travelers will be connected to LA Metro’s Crenshaw Light Rail Line, an intermodal transportation facility for drop-off/pick-up and short and long-term parking and a consolidated rental car center.
The project reached commercial close on April 11, 2018 upon Los Angeles City Council’s unanimous approval of a $4.9 billion agreement with a developer comprised of ACS Infrastructure Development, Balfour Beatty, Bombardier Transportation, Fluor and HOCHTIEF PPP Solutions. The developer will design, build and partially finance the APM system and then operate and maintain the APM system over a 25 year period. The project reached financial close on June 8, 2018.
- This is the first APM system to be procured through an availability payment P3 delivery model.
HONORS & AWARDS
- "Americas P3 Deal of the Year" | Project Finance International, 2019
- "Innovative Project of the Year" | National Council of Public-Private Partnerships, 2019
- "North American PPP Deal of the Year" | IJ Global, 2018
- "Best Transit Project" | P3 Bulletin, 2018
- "Global P3 Project of the Year" | P3 Bulletin, 2018