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.