GREEN BOND SECTION
©LAWA
©Joshua Sudock
©LAWA
Automated People Mover (2022 Series I) The APM is a part of LAX’s LAMP. The APM will provide a fully electrified train system connecting regional public transit, the ConRAC, and the CTA. The Project will eliminate 3,200 daily shuttle trips, alleviate congestion, improve mobility, and improve access to regional transportation connections. The Project received Envision Gold Verification and is anticipated to receive LEED Gold Certification.
West Gates at Tom Bradley International Terminal (formerly Midfield Satellite Concourse North), (2023 Series A) The TBIT West Gates Project opened in May 2021 and Green bonds refunded Subordinate Commercial Paper Notes that financed a portion of its costs. The Project achieved LEED Gold Certification and consists of a multilevel 15-gate concourse, to include gates equipped with ground powered and pre-conditioned air, low-flow water fixtures, efficient HVAC and lighting systems reducing energy usage by 29%, and plumbing to use reclaimed water for restrooms and other non-potable uses. In addition, more than 75% of construction waste was recycled. Allocation of proceeds: $85 million Energy Savings: TBD* Water Savings: TBD* Gates electrified: 15 Square footage: 750,000 sf
Bradley West and Terminal 4 Connector (2023 Series A) Green bonds refunded prior bonds which financed a portion of the Bradley West and T4 Connector project and consisted of improvements to the TBIT and construction of a new Connector Building to join TBIT with Terminal 4. The Bradley West Project was opened in 2015 and achieved LEED Gold Certification. The T4 Connector was opened in 2016 and exceeded Green Building Code Tier 2 Requirements sent by the City of Los Angeles by 37%. T4 Connector includes space for circulation, baggage inspection fitted with energy efficient motors reducing energy consumption by 40%, security areas and an outdoor public plaza. Allocation of proceeds: Bradley West–$80,085,000, T4 Connector– $90,600,000, Series 2013A Bonds Energy Savings: TBD* Water Savings: TBD* Gates electrified: Bradley West–13 gates, T4 Connector–N/A Square footage: Bradley West–1,215,925 sf, T4 Connector–104,170 sf
Status : Anticipated completion in 2024 Energy Performance : On site
photovoltaic (PV) array will supply just under 44% of the APM’s operational energy Waste Diversion : 86.2% LEED Certification Status : Minimum of LEED Silver Certification
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*Please refer to LAWA’s Sustainability web page for future updates to this metric
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