Miami International Airport will have a new state-of-the-art cargo center that will be “the first of its kind in the hemisphere.”
The facility will have four floors and will increase the airport’s total capacity by at least 50% (minimum of 4.5 million tons), thanks to an investment of 400 million dollars.
“With the construction of this state-of-the-art, unprecedented air cargo facility“The sky is the limit for MIA to lead the air cargo industry globally after consecutive years of unprecedented growth since 2020,” said Miami-Dade Mayor Daniella Levine Cava.
The building will be called a Vertically Integrated Load Community (VICC) and will have a spanning nearly 800,000 square feet (74,420 square meters) on 11 acres of land.
It is expected to be completed in 2029. During these five years, 8,500 new temporary jobs will be created who will earn a total of $500 million in salaries.
The employment impact of the new facility will be felt in the Cuban community in Miami, as The airport welcomes a large number of Cuban emigrants into its workforce.
The VICC will lead to an increase in the airport’s total cargo capacity by at least 50%, which will result in 2,500 new permanent jobswhich will generate $512 million in rent and commercial revenue for the county Aviation Department over the 40-year agreement.
In addition, at least 60% of the design and construction firms involved in the project will be based in the county, which in turn will hire registered small businesses.
“This is great news for our community and our economy. MIA is our largest economic engine, generating thousands of jobs for our residents and significant revenue for many of our leading industries, from tourism to small businesses,” the mayor added.