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News / Business / Business Briefs

Estimate for new Sea-Tac airport facility rises to $1B

By Wire services
Published: September 12, 2018, 8:07pm

Seattle — The estimated cost for the Seattle-Tacoma International Airport’s new International Arrivals Facility has reached almost $1 billion. The Seattle Times reported that the project is expected to open eight months later than officials had originally planned, in August 2020.

Port of Seattle commissioners in 2013 estimated the project would cost $300 million. On Tuesday, a report by an independent review panel appointed by Port commissioners put the facility’s cost at just over $968 million.

Review panel chair John Okamoto said he doesn’t expect the estimated cost for the facility to increase again.

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