Approved project summary
125,000 SF airport-integrated cold storage center
A Phase I cold storage and logistics facility integrated with the region's international airport, evaluated under USDA Regulation 5001 across six alternative building programs from 110,000 to 250,000 square feet using a 90+ tab financial model. The recommended 125,000-square-foot configuration carries a total project cost of $33,656,250 ($269.25/SF), reaches 84 percent stabilized utilization in Year 2 with a 41.7 percent EBITDA margin, and supports 65–85 permanent jobs with $3.2–4.5 million in annual payroll.