San Antonio International Airport has unveiled a $500 million interim financing program to support airport capital projects under its $2.4 billion, six-year improvement plan. The funding will help advance the $1.6 billion terminal development along with a wide range of airfield, transit, IT, and infrastructure upgrades. The airport joins other major airports in the USA currently embarking on terminal upgrades to meet growing passenger traffic.
The program will be financed through airport revenue bonds, with the first bond issuance expected in fiscal years 2025 and 2026.
Scope of Improvements
The financing will cover multiple upgrades at the san antonio International airport, including:
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Airfield improvements
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Transit improvements
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Terminal expansions
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IT upgrade projects
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Updates to the airport’s master plan
New Terminal Highlights
The new terminal, scheduled for completion by mid-2028, will feature expanded capacity and modern amenities designed to accommodate projected passenger growth through 2040.
Key Additions
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Up to 17 domestic and international gates
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850,000+ sq. ft. of new terminal space, including 41,000 sq. ft. of concession space
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29,000+ sq. ft. of club lounge space
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Larger gate hold rooms for improved passenger comfort
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Riparian Paseo entry and indoor courtyard inspired by San Antonio’s River Walk
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Central passenger screening area offering seamless access to retail and concessions
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Modern Federal Inspection Station for expanded international air service
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Roadway improvements to ease congestion and enhance traffic flow
Passenger-Friendly Features
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Three new ground gates south of Terminal A (approx. 37,000 sq. ft.)
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Integrated Federal Inspection Station for international arrivals
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Two levels of seating areas with dedicated charging stations and workstation areas
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High tabletop seating, a lactation room, and other family-friendly spaces
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Expanded food and retail options
