Amazon expanding air cargo facility at Lakeland Airport

cliggittvaluation • Dec 21, 2022

Lakeland officials have agreed to allow Amazon to expand its usage at the Lakeland Linder International Airport. Amazon will have a 22.6% increase of land by adding 10.6 acres to have a total of 57.6 acres. Amazon originally opened the air-cargo facility back in 2020. It is 300,000 SF and had a cost of $100 million. 

Amazon will pay an additional $90,000 annually for the additional acres and increase its base rent to over $500,000. The airport will also receive around $600,000 annually from just the new acreage since Amazon will pay for landing and fuel fees for each B767 plane that it brings in. Included in the expansion will be a new truck bay and two parkin positions for the airplanes as well as a renovated taxiway that will be improved at the cost of $1.7 million. Amazon is paying for the renovation upfront, but the airport will reimburse them $1.2 million over the next 15 years in interest free payments using the landing fees generated by Amazon. 

Amazon moved its local air cargo operations from Tampa International Airport to Lakeland Linder as they were presented with the opportunity to have more land to operate on. The facility is among the largest of its kind in the southeast even prior to its expansion. 

Thank you for your interest.

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