---
title: "Hochtief AG-Led Joint Venture Embarks on $700 Million Modernization of Memphis International Airport"
description: "Hochtief AG’s Turner Joint Venture is leading a $700 million modernization project at Memphis International Airport. The Terminal Modernization and Seismic Program (TMSP) aims to improve infrastructur"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/250787196.md"
published_at: "2025-07-30T12:09:38.000Z"
---

# Hochtief AG-Led Joint Venture Embarks on $700 Million Modernization of Memphis International Airport

> Hochtief AG’s Turner Joint Venture is leading a $700 million modernization project at Memphis International Airport. The Terminal Modernization and Seismic Program (TMSP) aims to improve infrastructure, safety, and passenger convenience, including seismic safety enhancements, a relocated TSA checkpoint, and new escalators. The project, the largest in the airport's history, involves demolishing Concourse A and is expected to be completed by early 2026, with construction of a new administration building starting this fall.

Hochtief AG’s Turner Joint Venture is spearheading a significant $700 million modernization project at Memphis International Airport. As part of the Terminal Modernization and Seismic Program (TMSP), the project aims to enhance infrastructure, safety, and passenger convenience. Key developments include seismic safety improvements with the transit tunnel infill, the reopening of the departures-level inner drive, and the B crosswalk for better traffic flow. The venture will also feature a relocated TSA checkpoint, new escalators and stairs, and seismic retrofits, all while preserving the airport’s mid-century architecture. The largest capital project in the airport’s history, TMSP includes the demolition of Concourse A, slated for completion by early 2026, to make way for new infrastructure. Construction of a new administration/CBIS building is expected to commence this fall. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hochtief AG published the original content used to generate this news brief on July 30, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here

### Related Stocks

- [HOT.DE - Hochtief AG](https://longbridge.com/en/quote/HOT.DE.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Hochtief Wins €230 Million Contract for Advanced Research Center in Kiel | HOCHTIEF AG has secured a €230 million public-private partnership contract to design, construct, and operate a new resea | [Link](https://longbridge.com/en/news/275622388.md) |
| Hochtief-Tochter Leighton Asia baut Rechenzentrum in Malaysia | Hochtief subsidiary Leighton Asia has secured a major contract for the construction of a data center in Johor Bahru, Mal | [Link](https://longbridge.com/en/news/275293687.md) |
| Towa Pharmaceutical (TSE:4553) Margin Firmness Reinforces Defensive Earnings Narrative In Q3 2026 | Towa Pharmaceutical (TSE:4553) reported solid Q3 2026 results with revenue of ¥73.6b and net income of ¥8.9b, reflecting | [Link](https://longbridge.com/en/news/275991027.md) |
| Haypp Group (OM:HAYPP) Margin At 1.6% Tests Bullish Earnings Narratives | Haypp Group (OM:HAYPP) reported Q3 2025 revenue of SEK 962.6 million and EPS of SEK 0.15, with a trailing twelve-month r | [Link](https://longbridge.com/en/news/275991264.md) |
| Iran open to compromises to reach nuclear deal with US, minister tells BBC | Iran's Deputy Foreign Minister Majid Takht-Ravanchi stated that Iran is open to compromises for a nuclear deal with the  | [Link](https://longbridge.com/en/news/275997789.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
