2nd phase of Northeast Cargo Development opens at O’Hare
Mayor Emanuel, Commissioner Evans, Alderman Zalewski, Alderman Sposato and representatives from Aeroterm cut a ribbon for the official opening of the new cargo facility.
August 22, 2017
Mayor Rahm Emanuel joined the Chicago Department of Aviation (CDA), Aeroterm and cargo executives for the opening of the second phase of the $220 million northeast cargo development at O’Hare International Airport on August 17, 2017. 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 development has already created approximately 600 permanent jobs, outpacing earlier projections it would create 1,200 jobs when the project is complete.
With O’Hare’s newest cargo development on track and ahead of schedule, air cargo volume is already up by 15 percent over last year, putting Chicago on pace to handle 1.8 million tonnes in 2017. This marks another record year for cargo at O’Hare-one of the nation’s premier cargo airports.
The Northeast Cargo development expands and enhances the efficiency of the airport’s cargo operations at no cost to Chicago taxpayers, funded by a $160 million investment by Aeroterm and more than $62 million of airport funds. 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.