On October 15, Los Angeles Mayor Eric Garcetti joined Los Angeles World Airports Chief Executive Officer Justin Erbacci, Board of Airport Commissioners President Beatrice Hsu and Board of Airport Commissioner Sean Burton for a ribbon-cutting ceremony for the $294 million Economy Parking facility. Economy Parking is the first component of LAX’s $5.5-billion Landside Access Modernization Program to be completed. The facility officially opened to the public on October 19. It features the latest in smart parking technology and adds approximately 4,300 new parking stalls to the airport, including both short- and long-term options. Over the first year of operation, a total of 500 electric vehicle chargers will come online for public use. In addition to the smart parking technology incorporated into the facility, travelers can now pre-book their parking ahead of time at parking.flylax.com. By reserving online, travelers can save up to 60% off of the drive-up rate of $25 per day. A free shuttle bus will transport parkers to and from the LAX Central Terminal Area for the next few years until LAX’s Automated People Mover (APM) train system comes online. Once the APM is operational, passengers will connect to the APM train station from the Economy Parking facility via two pedestrian bridges, and will then be whisked away to the Central Terminal Area within minutes.
