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United, Houston team up for $1 billion IAH renovation project
The Houston Airport System and United Continental Holdings said that construction on the first phase of a $1 billion redevelopment project at Houston Intercontinental will start by the end of 2011. Phase one, slated to cost $161 million, involves building a Terminal B south concourse for domestic regional jet operations. In addition, UCH said it extended its lease on IAH's Terminal C to 2027.