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PLANNING FOR THE FUTURE Fast Facts DESTINATION CLT: GROWING THE - PowerPoint PPT Presentation

ECONOMIC ENGINE OF THE CAROLINAS: PLANNING FOR THE FUTURE Fast Facts DESTINATION CLT: GROWING THE ECONOMIC PLATFORM Concourse A Expansion Status: Opened July 2018 Concourse A Expansion Status: Opened July 2018 Terminal Renovations Status:


  1. ECONOMIC ENGINE OF THE CAROLINAS: PLANNING FOR THE FUTURE

  2. Fast Facts

  3. DESTINATION CLT: GROWING THE ECONOMIC PLATFORM

  4. Concourse A Expansion Status: Opened July 2018

  5. Concourse A Expansion Status: Opened July 2018

  6. Terminal Renovations Status: Underway; scheduled completion Fall 2020

  7. Terminal Renovations Status: Underway; scheduled completion Fall 2020

  8. Elevated Roadway and Terminal Curb Front

  9. Elevated Roadway and Terminal Curb Front

  10. Concourse E Projects Cost: $59 million Status: Under construction; scheduled completion 2021

  11. DESTINATION CLT: UPCOMING PROJECTS

  12. Terminal Lobby Expansion Status: Design Underway; scheduled completion 2024

  13. Terminal Lobby Expansion Status: Design Underway; scheduled completion 2024

  14. Concourse A – Phases 2 & 3 Status: Design Team Selected; Estimate 3 years for Phase 2 build-out

  15. End-Around and Cross-Field Taxiways Status: Planning Underway; Estimated Completion in 2023 & 2024

  16. 4 th Parallel Runway Status: EA Underway; Estimated Commissioning in 2024

  17. Commercial Development Projects

  18. Airport Area Strategic Development Plan CLT owns over 6,000 acres; 2,000 acres not needed for • aeronautical activity Focus shifts to include commercial development • In April 2017, CLT completed Airport Area Strategic • Development Plan (AASDP) Market Driven approach to commercial development • Implementation as Project AMP (Airport Master Plan) •

  19. Primary Objectives Generate non-aeronautical revenue that helps fulfill FAA • requirements for Airport financial self-sufficiency Put vacant and underutilized Airport property into productive use • Ensure that future development around the Airport is appropriate • for an airport environment and does not negatively impact aviation

  20. Conceptual Rendering

  21. Next Steps Market Driven: Multiple projects underway in the CLT Gateway and CLT • South Areas Multiple Possible Deal Structures • Airport Developed • Airport as Landlord • Public Private Partnerships • Projects will follow FAA & City policies and guidelines including Council • review and approval

  22. Project Quattro 2.5 M sq. ft. • 90+ acres of vacant land • At least $100 M investment in real property • (current estimate $213 M) At least $100 M investment in Business • Personal Property At least 1500 jobs in 2019 • Amazon “State of the Art” sorting warehouse • and distribution center, with robotics, conveyors, and inventory

  23. Roadway Improvements Needed Realignment of • Tuckaseegee Rd. Creation of Industrial • Dr. to be named Todd Rd. Improvements/ • modifications to Wilkinson Blvd.

  24. Preliminary Sources and Uses Uses (Improvements) Estimated Cost* Wilkinson Blvd Improvements $6.2 M Realignment of Tuckaseegee Rd $6.3 M New Access Rd (Industrial Rd) $3.1 M TOTAL $19.6 M Sources Amounts City/County TIG $9.0 M Airport Infrastructure Credit $4.4 M Developer Direct Contribution $6.2 M TOTAL $19.6 M * Preliminary estimates.

  25. Further Planning

  26. STUART HAIR Director of Economic & Community Affairs Charlotte Douglas International Airport sphair@cltairport.com

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