Cincinnati/Northern Kentucky International Airport (CVG) has appointed several construction firms with extensive airport construction experience for the overhaul project. The appointments are split between project managers and design-build contractors. Elevate CVG The Elevate CVG terminal and concourse overhaul project will cost the airport $220 million over the first quarter of 2026.
The entire project is estimated to cost a maximum of $575 million. The balance of the project cost will be presented to the public in early 2026. As part of the finance plan, CVG has been rated A+ stable by Fitch and A1 stable by Moody’s.
The airport plans to expand and renovate the main terminal and concourses A and B, including the baggage handling system, ticketing system, security checkpoints, baggage claim area, restrooms, escalators and elevators, and finally, the tunnel and train. Candace McGraw, Chief Executive Officer (CEO) of CVG, spoke about the project to the Northern Kentucky Tribune , saying: "It is time to modernize our facilities for our travelers and employees, and we are taking an intentional approach to boost efficiency and elevate the passenger experience. We are thrilled to have a qualified, collaborative team onboard to assist with program/construction management and design and build aspects of this complex, multi-year modernization program.
" CVG recently announced which contractors will receive a share of the project and help the airport complete it, which they hope will.
