Northeast Cargo Facility Phase II Dedication Ceremony

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AEROTERM ANNOUNCES GRAND OPENING OF PHASE II OF NORTHEAST CARGO FACILITY AT O’HARE INTERNATIONAL AIRPORT

ANNAPOLIS, MD (August 21, 2017) — Chicago Mayor Rahm Emanuel joined Ginger S. Evans, Commissioner of the Chicago Department of Aviation (CDA) and Aeroterm’s Erin Gruver to announce the opening of the second phase of the O’Hare Northeast Cargo Facility, a more than $220 million development project at O’Hare International Airport that expands and enhances the efficiency of the airport’s cargo operations. The Northeast Cargo Facility is funded by a $160 million investment by Aeroterm and more than $62 million of airport funds.

“We are proud to serve as the developer of this exciting and high-profile cargo infrastructure project which enhances O'Hare International's air cargo sector with improved cargo processing efficiency. This project is the result of an unrivaled collaboration between Aeroterm, the Chicago Department of Aviation and the O'Hare air cargo community,” said Erin Gruver, Chief Development Officer for Aeroterm.


 

The new cargo facility opens ahead of schedule in direct response to the strong demand for moving air cargo through Chicago to markets around the world. In just under a year, the partial completion of the Northeast Cargo Facility development has already created approximately 600 permanent jobs, outpacing earlier projections it would create 1,200 jobs when the project is complete.

The 240,000-square-foot Phase II building is home to Burak, Cargolux and Swissport tenant operators. When complete, it will be the largest airside cargo development built in the last decade at a U.S. international gateway airport.

“O’Hare has long been a leading airport for air cargo, and thanks to Aeroterm’s development, Chicago is processing record cargo volumes,” said Ginger S. Evans, CDA Commissioner. “The opening of both Phases I and II of our northeast cargo development ahead of schedule is a testament to the strong demand and the fact that businesses around the world are continuing to choose Chicago O’Hare as their preferred North American gateway.”

Expanding new cargo warehouse capacity provides O’Hare the ability to process a greater volume of air cargo in a number of ways. The addition of 747-8 capable aircraft ramps provides 50 percent additional capacity to handle cargo from jumbo jet freighters; and in its final form the Northeast Cargo development will deliver 800,000 square-feet of warehousing and apron pavement. These investments will make way for up to 15 wide body aircraft to unload at any given time at O’Hare.

The Cargo Facility was designed to achieve LEED SILVER certification from the U.S. Green Building Council. The Phase I and Phase II buildings have vegetated green roofs which together comprise 2.4 acres of green roof space. The area was a former military brownfield site that was redeveloped and the newly built facilities have features to help manage storm water, reduce electricity consumption, conserve potable water and promote alternative transportation including parking for bicycles and low emitting vehicles. Hydrant fueling systems installed into the facility eliminate the need for tanker trucks on the aircraft ramp and their associated emissions.
 
 

 

Keeping pace with Phases I and II of the Northeast Cargo development, and to support the record growth of air cargo, Phase III is now expected to open in 2-3 years, also ahead of schedule. In total, these investments will create an estimated 10,000 new construction and permanent jobs, as well as hundreds of millions of dollars in new revenue for the City.

“The City of Chicago is making investments and improvements to ensure O’Hare has not only the best commercial service, but the best cargo space,” said Mayor Emanuel. “With the next step of this project complete, we are delivering on our promise to grow O’Hare’s capacity and competitiveness, and in turn, its ability in the long-term to provide thousands of new jobs and serve as an economic driver for our city.”


Jody Clark

Senior Vice President, Development

Phone: 443.321.2682
Email: jclark@realterm.com

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Sophia Stuart

Director of Marketing

Phone: 410.216.6134
Email: sstuart@realterm.com