After more than four million work hours, Los Angeles International Airport's (LAX) Consolidated Rent-A-Car (ConRAC) facility has achieved its next major milestone: handing over the Ready Return/Idle Storage building to rental car tenants to build out their customer space, according to a press release by Los Angeles World Airports (LAWA).
"We are on the pathway to a completely reimagined airport that will streamline and elevate the LAX passenger experience," said Justin Erbacci, CEO of Los Angeles World Airports (LAWA). "The Consolidated Rent-A-Car facility is a key part of our vision of a world-class experience for those coming to Los Angeles, and the handover to rental car tenants is the next major step in making our plans a reality."
With the infrastructure for the building in place – including elevators, escalators, hardscape, and landscape – tenants will now be able to come into their space and make it their own, according to LAWA. Some of the tenant improvement work that will get underway includes building out the customer experience spaces, waiting areas, office spaces, and entry/exit booths.
The five-story structure will house five rental car companies representing 13 brands, including Enterprise Rent-A-Car Co. of Los Angeles, LLC (Enterprise, Alamo, National), The Hertz Corp. (Hertz, Dollar, Thrifty), Avis Budget Car Rental, LLC (Avis, Budget, Payless, Zipcar), Sixt Rent a Car, LLC (Sixt), and Fox Rent A Car Inc. and DR Car Rental (Fox, Europcar).
The Ready Return/Idle Storage building can hold 18,000 vehicles, including both rentals and employee parking.
"The Ready Return/Idle Storage building turn-over for tenant improvements is a particularly noteworthy milestone for our team," said Karl Schaefer, project executive of LAX ConRAC Partners (LAXCP). "After more than four million work hours, this achievement brings us one key step closer to opening the largest rental car facility in the world at LAX."
Later this year, the Quick Turn Around building will be handed over to rental car tenants for fit-out, with the full project planned to be completed in the summer of 2023, according to LAWA.
The ConRAC facility covers approximately 6.3 million square feet and consists of the Ready Return/Idle Storage building, where customers will pick up and drop off their vehicles, an Automated People Mover (APM) train station, which will connect the facility to the Central Terminal Area in 10 minutes or less, and a Quick Turn Around building, where the rental car vehicles are serviced.
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