Airport has emerged as one of the nation's fastest-growing airports,
in the most active aviation market in the world. At the time of
delivery, Airis' development of the International Air Cargo Center
(IACC), increased the airport's freight-handling capacity by more
than 33 percent.
Private-Sector Development for PANYNJ
under the purview of the Port Authority of New York & New
Jersey have traditionally been developed by the public sector.
The awarding to Airis of a ground lease upon which the company
constructed the International Air Cargo Center at Newark marked
the first private-sector developed and financed airport project
in PANYNJ history. Airis' comprehensive approach to facility development
included not only design and construction, but also financing,
it about Airis that caught the Port Authority's attention? Simply
this: Although Airis is known for its preeminence in the fields
of design and construction, it was recognized that developing
the IACC would involve far more than expertise in these fields
alone. Airis also offered incomparable financial strength, as
a result of resources brought to the forefront by its owners and
financial partners. For this project, Airis' work stood up to
the most rigorous financial analysis. The project made excellent
business sense both to the Port Authority and prospective IACC
tenants. In a broader sense however, Airis created new ways to
serve the public interest by offering creative solutions not restricted
the International Air Cargo Center on 22 acres of land under a
long-term ground lease agreement with the Port Authority of New
York & New Jersey. Financial backing has been provided by
GE Capital Aviation Services as well as Ambac Assurance Corporation.
The Center, a Class A facility located on the site of the original
Newark passenger terminal, provides a 50-year service life and
is designed and constructed to meet the highest certification
standards. It is an aircraft-adjacent, multi-tenant complex specifically
designed to create new levels of cargo processing efficiencies
within an economical framework.
IACC includes two major cargo buildings, totaling 262,000 sq.
ft. of space, that promote superior cargo throughput logic and
function. The facility has the capacity to accommodate 2 B-747
aircraft or 4 narrow-body aircraft on the adjacent public ramp.
The leasehold however includes one 747 parking position dedicated
to the users of the facility. The IACC design features are built
around the latest standards of the air cargo industry. All building
components are of high-grade, heavy-duty construction. The building
structure in the cargo areas is long-span and column-free, which
creates a more efficient work environment. The IACC features the
largest dual-entry cold storage unit at the airport, along with
three scissor lifts capable of handling upper deck equipment.
Landside operations are enhanced by a large ratio of truck dock
to cargo floor area. A dedicated 30-foot tugway connects the IACC
with all passenger terminals.
for the cargo facility are Virgin Atlantic, SAS, Delta Air Lines,
American Airlines, Northwest Airlines, and EVA Airways.