Phoenix Mesa-Gateway Airport has big plans to cater to more travelers.

The Airport Authority’s Board of Directors announced Monday the airport will undergo a $1.4 billion expansion.

Officials say the project is set to be completed in four phases. The plan includes the construction of 60 airplane gates and 21,000 parking spaces.

They predict the airport will be able to accommodate 20 million passengers annually.

Nearly 957,000 passengers went through Mesa-Gateway last year, making it one of the fastest growing airports nationwide.

The Arizona Department of Transportation and the Federal Aviation Administration are also funding the project.

There is also an effort to privately raise $385 million to build two hotels and office and retail space.

For more information about Phoenix Mesa-Gateway Airport, visit Phoenix Mesa-Gateway Airport’s website at