Burbank-Glendale-Pasadena Airport Authority Celebrates 94th Anniversary of Hollywood Burbank Airport With Closing of 2024 Airport Revenue Bonds for Replacement Passenger Terminal Project

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On May 30th, the 94th Anniversary of Hollywood Burbank Airport (“BUR”), the Burbank-Glendale-Pasadena Airport Authority (“Authority”) closed on $724.78 million of its 2024 Series A, B and C Airport Senior Revenue Bonds (“Bonds”). The Bonds were issued through an underwriting syndicate led by BofA Securities with Public Resources Advisory Group serving as the Authority’s municipal…

Airport Authority Sets Maximum Cost for Construction of New Passenger Terminal

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The Burbank-Glendale-Pasadena Airport Authority (BGPAA) has unanimously approved a guaranteed maximum price (GMP) of $1.11 billion for the design and construction of the airport’s replacement passenger terminal. “The GMP is in line with projections and the result of many years of hard work,” says Felicia Williams, President of the BGPAA. “Collaboration between the cities, staff,…

Hollywood Burbank Airport Breaks Ground on New Passenger Terminal

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Today, the Burbank-Glendale-Pasadena Airport Authority (BGPAA) broke ground on a new, safer, modern, and more convenient passenger terminal at Hollywood Burbank Airport. The project is known as “Elevate BUR.” More than 250 community leaders and local stakeholders came together to celebrate the start of construction for this historic project. “From the friendly staff, to the…