Air Cargo Facility Development and Lease

The Port Authority of New York and New Jersey is seeking offers to lease, finance, develop, operate, and maintain a new air cargo facility at John F. Kennedy International Airport, with a minimum $70 million construction investment.

Port Authority of New York and New Jersey > Aviation Department > Aviation Delegated Procurement


General
Open (open)
IFO-JFK26001
Dec 04, 2026 09:00 PM
Oct 19, 2026 07:00 PM
$70,000,000.00
Minority-Owned BusinessWoman-Owned BusinessService-Disabled Veteran-Owned Business
Other (Invitation for Offers (IFO))
Local
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Original Solicitation Links
Contact
avi_commercial_ifo@panynj.gov
+19292373116
150 Greenwich Street, New York, NY, USA
Submission Instructions
Description

The Port Authority seeks offers from qualified firms to lease, finance, design, develop, construct, operate, and maintain a modern, multi-tenant air cargo facility. The project includes two development areas totaling approximately 20.3 acres, a facility of at least 210,000 square feet, and three aircraft parking positions. The selected respondent will also handle site preparation, permitting and regulatory processes, tenant relocation and leasing, and ongoing facility operations and maintenance. A minimum construction investment of $70 million is required. Offers must include a cover letter, preliminary development concept, respondent experience and qualifications, financial information, and completed Forms A, B, and C. The financial submission includes audited statements for the three most recent fiscal years, a detailed financial pro forma, a lender or bond underwriter support letter, and an equity commitment support letter. The opportunity is an invitation for offers that may lead to dialogue and lease negotiations; selection for further discussion is not itself an award.

Classification Codes
NAICS488119Other Airport Operations
PSCX1BELEASE/RENTAL OF AIRPORT TERMINALS
Smart Codes
air cargo facility developmentairport commercial leasingair cargo facility operations
Specifications
Service Only
Timeline
Oct 19, 2026 07:00 PM-Opportunity Open Date
Oct 30, 2026 08:00 PM-Deadline for Written Inquiries
Dec 04, 2026 09:00 PM-Offers Due
Requirements
Required
Required
  • Minimum 2 references
  • Client point of contact required for each reference
Yes
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