A 261,000 square foot facility will increase the available cold-chain logistics in an underserved area.
A 261,000-square-foot climate-controlled cargo facility is coming to the Philadelphia International Airport. The facility is part of the airport’s $1.2 billion plans to increase cargo operations, which PHL officials say could generateThe new building, built by Bristol Group, Inc., a real estate development and investment company, is expected to be completed by 2025 on a 16.8-acre lot on the northeast side of PHL’s property.
Once constructed, the building will store pharmaceutical items, foods, and electronics which require cooler or freezer temperatures. “Having a state-of-the-art cold storage facility at PHL will make our airport the premier cargo airport in the eastern United States, given our location adjacent to I-95 and close proximity to the Port of Philadelphia,” said Atif Saeed, PHL CEO, in a news release.by the airport showed that a 400-mile radius around the airport was generating $53 billion a year in air cargo activity. PHL was making 9% of that and losing business to other airports in nearby states.
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