Vancouver invests in air cargo

Photo: Vancouver Airport Authority

Vancouver International Airport (YVR) is seeking a partner for investment, completion of construction and lease-up of a 300,000 sq ft facility that is set to boost air cargo business.

YVR has selected Cushman & Wakefield as its exclusive advisor to secure a partner for the Airport Commerce Centre near the airport’s main terminal on Sea Island.

The existing facility boasts 300,000 sq ft of total potential floor area upon completion, contiguous floor plates of over 60,000 sq ft, generous ceiling heights and floor-load potential.

The redesigned Airport Commerce Centre, adjacent to YVR’s Cargo Village and near the US border, has multimodal potential and can facilitate air cargo connections with major future developments on Sea Island.

The facility was initially designed to create additional capacity in utilities when the airport was experiencing double-digit growth. With a view to optimise the land on Sea Island, YVR is now seeking to drive value from its infrastructure and land assets to diversify revenues and grow its core airport business while supporting regional economic development.

“We’re exploring new and innovative ways to strengthen our role as a diverse global hub while aligning YVR to the future growth and needs of British Columbia. This includes unlocking economic development and logistics opportunities on Sea Island that will benefit our community and the economy that supports it,” said Bill Bakk, vice president, business development at Vancouver Airport Authority.

“Under our current land-use plan and through our work with Cushman & Wakefield, we look forward to welcoming new businesses to the airport and adding more points of connection for our passengers, workers and community.”

Strike action threatens Vancouver Airport operations

Share this story

Related Topics

Latest americas news

Textron Aviation delivers first combi Cessna SkyCourier

Textron Aviation has delivered the first ever Cessna SkyCourier twin-engine utility turboprop equipped with a Combi interior conversion option. The…

Read More

Share this story

AeroUnion and Avianca Cargo start building A330-300P2F capacity

AeroUnion has added an Airbus A330-300 passenger to freighter (P2F) aircraft to its fleet which will also benefit Avianca Cargo…

Read More

Share this story

Western Global pilots request mediation over contract negotiations

Pilots at US freighter airline Western Global have filed for mediation to help negotiations over a new contract. The pilots,…

Read More

Share this story

Rebecca Jeffrey

Rebecca Jeffrey
New to aviation journalism, I joined Air Cargo News in late 2021 as deputy editor. I previously worked for Mercator Media’s six maritime sector magazines as a reporter, heading up news for Port Strategy. Prior to this, I was editor for Recruitment International (now TALiNT International). Contact me on: [email protected]