Newark Liberty International Newark, NJ
The Newark Liberty International Airport ConRAC is an integral component of the Terminal One Redevelopment Program to create a world-class airport experience. When complete, this new facility will offer numerous benefits to the Airport, RACs, their customers and the traveling passengers.
In May 2019, the Port Authority of New York and New Jersey entered into a lease agreement with EWR ConRAC, LLC for the design, construction, financing, operation and maintenance of a consolidated rent-a-car center and public parking facility at Newark Liberty International Airport. EWR ConRAC, LLC is a special purpose vehicle formed by CS Capital and equity partners Related Fund Management and Fengate Capital Management through which the project will be executed.
The project delivery will be managed by CS Project Delivery. CS Operators will be responsible for the operations, maintenance and lifecycle of the project under a full-term, fixed-price operations and maintenance contract.
- Finance Delivery & Construction
- Design Consultation and Pre-Development
- Facility Activation
- Facility Manager
- Fueling Manager