The Greater Orlando Aviation Authority (GOAA) has approved a $1.1 billion Capital Improvement Plan (CIP).
Board members say the plan has been developed to reflect the airport’s philosophy of building to meet demand and address the issue of capacity in the short and long term.
The airport was designed to accommodate 24mppa, but expansion plans will increase capacity of MCO’s current terminal to 45mppa.
GOAA chairman, Frank Kruppenbacher, says: “As a major economic engine for the region, Orlando International Airport is poised to meet the growth demands of our global community.
“Over $5 billion has been earmarked for investment into local industries, which creates jobs, and we must anticipate the demand these investments will create.”
The main objectives of the CIP include maintaining existing facilities consistent with The Orlando Experience, and modifying and expanding existing facilities to achieve ultimate North Terminal capacity.
Others are improving international processing to accommodate growth and developing facilities to generate non-aviation revenue.
Developments earmarket are four new international gates while ticket lobby renovations to provide more efficient processing of passengers and baggage in the North Terminal.
Construction of the projects are scheduled to start sometime next year and a completion date has been earmarked for 2017.
GOAA says it will also consider sometime in the future whether the South Terminal is developed.