Property owner and airport cargo facility developer Aeroterm has broken ground on a new 50,400 square foot, multi-tenant facility at Cincinnati/Northern Kentucky International Airport (CVG).
The LEED certified, energy efficient building features insulated pre-cast concrete panels and will be used for airside cargo operations. The facility can accommodate cargo, GSE users, and other terminal support users such as flight kitchens or commissaries.
FedEx will serve as the anchor tenant for the facility at CVG which is set to be completed in November 2019.. There is currently 12,000 square foot of vacancy for an additional one or two tenants.
“The Airport’s ideal central location and strong infrastructure make this development project an excellent addition to our Aeroterm portfolio,” said vice president of development, Alexi Lachambre. “We look forward to our continued partnership with CVG and FedEx to support their growing infrastructure demands.”
There has been a strong increase in passenger traffic, belly cargo and GSE support at CVG Airport in recent years.
In 2018, for the first time in its history, CVG experienced annual cargo tonnage of more than 1.2 million tonnes, an increase of 19.6 per cent over 2017. Amazon’s new Prime Air cargo hub at CVG will be completed in 2025. DHL also operates a global hub out of the airport.
In addition to its endeavors at Cincinnati/Northern Kentucky International Airport, Aeroterm is currently working on air cargo development at John F. Kennedy International Airport, Miami International Airport, and the latest phase of an air cargo development at Chicago’s O’Hare International Airport.