The Lafayette Airport Commission has selected a joint venture team of Lafayette’s The Lemoine Company and Houston-based Manhattan Construction Company to build the new terminal building at Lafayette Regional Airport.
A big chunk of the bill for the new terminal is being paid by a one-cent sales tax that Lafayette Parish voters approved for eight months. It raised about $35 million to pay for the new terminal, which is predicted to cost about $90 million. The remainder is expected to be made up with state and federal funds.
The Commission acted on the recommendation of a special selection committee who reviewed and scored statements of qualifications and conducted a thorough interview, according to a press release.
Commission Chair Valerie Garrett said Lemoine has demonstrated how they plan to meet the airport’s Disadvantaged Business Enterprise goal, which is important to the commission.
The Lemoine Company and Manhattan Construction have been partnering since 1987. This joint venture is a 60-40 partnership.
Founded in 1975, The Lemoine Company started as a family-owned business in small-town Cottonport, and now has delivered more than $1.9 billion in preconstruction services, $370 million as CMAR and completed more 950 individual projects, most recently the expansion of LSU’s football stadium and additions at Lafayette General Medical Center.
Established in 1896 and now managed by the fifth generation of the founding family, Manhattan Construction is now one of the largest privately-held construction firms in the United States. Manhattan has a diverse project portfolio and specializes in constructing high-profile, technically challenging projects, notably AT&T Stadium in Arlington, Texas, the Dallas Cowboy’s Stadium, DFW Airport and Houston Intercontinental Airport. They also have numerous projects listed on the National Registry of Historical Places.