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

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Mar 18, 2024 47 likes •317 views

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:

SLIDE 1

ECONOMIC ENGINE OF THE CAROLINAS: PLANNING FOR THE FUTURE

SLIDE 2

Fast Facts

SLIDE 3

SLIDE 4

DESTINATION CLT: GROWING THE ECONOMIC PLATFORM

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Concourse A Expansion

Status: Opened July 2018

SLIDE 6

Concourse A Expansion

Status: Opened July 2018

SLIDE 7

Terminal Renovations

Status: Underway; scheduled completion Fall 2020

SLIDE 8

Terminal Renovations

Status: Underway; scheduled completion Fall 2020

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Elevated Roadway and Terminal Curb Front

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Elevated Roadway and Terminal Curb Front

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Cost: $59 million Status: Under construction; scheduled completion 2021

Concourse E Projects

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DESTINATION CLT: UPCOMING PROJECTS

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Terminal Lobby Expansion

Status: Design Underway; scheduled completion 2024

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Terminal Lobby Expansion

Status: Design Underway; scheduled completion 2024

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Concourse A – Phases 2 & 3

Status: Design Team Selected; Estimate 3 years for Phase 2 build-out

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End-Around and Cross-Field Taxiways

Status: Planning Underway; Estimated Completion in 2023 & 2024

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4th Parallel Runway

Status: EA Underway; Estimated Commissioning in 2024

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Commercial Development Projects

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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)

Airport Area Strategic Development Plan

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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

Primary Objectives

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Conceptual Rendering

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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

Next Steps

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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

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Roadway Improvements Needed

Realignment of

Tuckaseegee Rd.

Creation of Industrial
Dr. to be named Todd

Rd.

Improvements/

modifications to Wilkinson Blvd.

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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.

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Further Planning

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