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Omaha's Eppley Airfield could get $500M rebuild

OMAHA, Neb. (AP) — The Omaha Airport Authority is preparing to move forward with a $500 million reconstruction of Eppley Airfield.

The Omaha World-Herald reports that the project to rebuild the terminal within five years would overhaul its concourse, airline gates, security checkpoints, ticket counters and baggage claim.

The Airport Authority is working with contractors to create a preliminary design for the terminal by this fall.

The plans come as Eppley Airfield sees steady passenger growth and airline investments. Airlines scheduled a record of more than 6 million seats to fly through Eppley last year. They've also doubled the number of nonstop flights from the airport since 2013.

Officials are planning to issue long-term revenue bonds to fund the reconstruction. The bonds will be paid back through the airport's revenue and a federal passenger facility fee.