Amazon To Build $1.5B Air Hub To House Prime Air Cargo Planes Outside Cincinnati

Amazon One Prime Air

Amazon has moved one step closer to owning its entire distribution network. The king of e-commerce announced plans to build an air hub southwest of Cincinnati to support its growing fleet of cargo planes.

Amazon will invest nearly $1.5B to construct an air hub at Cincinnati/Northern Kentucky International Airport, where it will house the 16 planes that transport Amazon products throughout the country, Bloomberg reports. Expanding into transportation is one of the company’s most important maneuvers — it helps the firm deliver on its fast shipping promise while keeping costs in line.

Amazon said the new facility will employ 2,000 workers, helping Jeff Bezos keep his promise to make 100,000 new hires over the next year and a half. [Bloomberg]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Site Centers To Stop Trading As It Winds Up Operations

Newmark: $179B In Low-Rate Real Estate Loans Face Refinancing Risk

DFW Industrial Thrives As Tenants Seek Quality, Flexibility And Power

Brookfield Veteran Departs To Become Pretium's Global Real Estate Lead

Lenders Accuse Nord Group Entities Of Pocketing Rents, Faking Insurance As Multifamily Empire Crumbles

Willy Walker On The Risks And Sacrifices Behind Walker & Dunlop's Growth

Howard Hughes Texas President Jim Carman To Step Down

Apartment Rent Declines Slowing, Demand Rising As Renter Pool Expands

Prologis Warns Higher Borrowing Costs Will Slow Industrial Deals, Development

After Rig Collapse, Citadel HQ Project Resumes With Safety Protocol Update

Swedish Real Estate Giant To Buy Stockbridge For Up To $550M

Space Race: How The Private Sector's Orbital Aspirations Are Driving CRE On Earth