This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today.
This archival content was originally written for and published on KPCC.org. Keep in mind that links and images may no longer work — and references may be outdated.
LAX People Mover to be privately built, financed and operated
A screenshot from an LAX presentation about its new People Mover.
(
Los Angeles World Airports
)
A screenshot from an LAX presentation about its new People Mover.
(
Los Angeles World Airports
)
A screenshot from an LAX presentation about its new People Mover.
(
Los Angeles World Airports
)
Listen
0:53
LAX People Mover to be privately built, financed and operated
Los Angeles International Airport managers announced Thursday they want to let private firms design, build, finance and run the new 2.5-mile People Mover.
LAX will also use outside firms to build and operate a new centralized rental car center under a plan proposed by airport staff. It's all part of a $5 billion project to make it easier to fly in and out of LAX.
Agencies like LAX could build and run their own assets, but a growing trend among government agencies is to get private industry to share in the financial risk of construction and let them reap the potential profits. The shiny new Deukmejian Courthouse in downtown Long Beach is one local example.
Fans of this kind of public private partnership say projects get done faster, at less cost. Critics warn that private partners in these deals need careful oversight of how they spend public dollars.
You come to LAist because you want independent reporting and trustworthy local information. Our newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our connected community. We are free to tell the full truth, to hold power to account without fear or favor, and to follow facts wherever they lead. Our only loyalty is to our audiences and our mission: to inform, engage, and strengthen our community.
Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Your tax-deductible donation keeps LAist independent and accessible to everyone.
Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Your tax-deductible donation keeps LAist independent and accessible to everyone.
Senior Vice President News, Editor in Chief
