thomas Posted June 10, 2021 Report Share Posted June 10, 2021 As Covid-era clouds hang over office towers, shopping malls, business hotels and other real estate categories, investors are clamouring to put money into warehouses. And parking is the #1 critical demand when an industrial user is looking for space. That is because as companies make evermore “last mile” deliveries, they require more vans — and space to park and load them. https://www.ft.com/content/5da94e4f-7e05-429b-ae42-d837b817d4c4?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev Quote Link to comment Share on other sites More sharing options...
thomas Posted July 17, 2021 Author Report Share Posted July 17, 2021 Anything for Broome County? DHL is the International shipping leader. Link Field could become one of their International Air Freight Hubs. Link Field doesn't have much air traffic now anyway. DHL Plans More Than $360M in Infrastructure Investments https://finance.yahoo.com/video/dhl-plans-more-360m-infrastructure-214540531.html Quote Link to comment Share on other sites More sharing options...
thomas Posted July 20, 2021 Author Report Share Posted July 20, 2021 Demolition crews have removed most of the sprawling Kirkwood facility used for decades by Link and L-3 for flight simulation projects. The 50-acre site off Industrial Park Drive is being prepared for construction of a FedEx Ground distribution center. Read More: Iconic Link Flight Simulation Complex Torn Down for FedEx Project | https://wnbf.com/iconic-link-flight-simulation-complex-torn-down-for-fedex-project/?utm_source=tsmclip&utm_medium=referral Quote Link to comment Share on other sites More sharing options...
PeteMoss Posted July 20, 2021 Report Share Posted July 20, 2021 32 minutes ago, thomas said: Demolition crews have removed most of the sprawling Kirkwood facility used for decades by Link and L-3 for flight simulation projects. The 50-acre site off Industrial Park Drive is being prepared for construction of a FedEx Ground distribution center. Read More: Iconic Link Flight Simulation Complex Torn Down for FedEx Project | https://wnbf.com/iconic-link-flight-simulation-complex-torn-down-for-fedex-project/?utm_source=tsmclip&utm_medium=referral How much in tax breaks and incentives are they getting? Quote Link to comment Share on other sites More sharing options...
thomas Posted July 20, 2021 Author Report Share Posted July 20, 2021 Good question and I have no idea. How much tax was the property generating? Anyway, it looks like a massive project to just prepare the site for new construction. As an aside, I notice the former Modern Marketing building in that Kirkwood Industrial Park is for sale. https://theagency-ny.com/development-properties-opportunities/29-industrial-drive If you click on "back to all properties" you'll also see the list of The Agency commercial properties for sale/lease. Quote Link to comment Share on other sites More sharing options...
Mr. Met Posted July 20, 2021 Report Share Posted July 20, 2021 Someone should see what the Scranton/WB area is doing right. They are thriving with warehouses and they keep adding more. Meanwhile people around here get excited over a small Amazon hub. Quote Link to comment Share on other sites More sharing options...
PeteMoss Posted July 20, 2021 Report Share Posted July 20, 2021 3 hours ago, Mr. Met said: Someone should see what the Scranton/WB area is doing right. They are thriving with warehouses and they keep adding more. Meanwhile people around here get excited over a small Amazon hub. We are at the intersection of 3 interstates, 81, 86 and 88. N, S, E, W and NE. I don't understand why there aren't more warehouses here. It makes no sense unless someone is purposely not trying to attract them. Why you ask? To keep wages low. Quote Link to comment Share on other sites More sharing options...
thomas Posted July 20, 2021 Author Report Share Posted July 20, 2021 Couldn't Link Field, with their low volume of flights, be a good airport for some cargo flights for DHL, UPS, etc.? Just a question. I'm no expert on logistics. Quote Link to comment Share on other sites More sharing options...
PeteMoss Posted July 20, 2021 Report Share Posted July 20, 2021 31 minutes ago, thomas said: Couldn't Link Field, with their low volume of flights, be a good airport for some cargo flights for DHL, UPS, etc.? Just a question. I'm no expert on logistics. Unfortunately, since we are so close to a large population center, Syracuse, we are relegated to the situation we are in. Quote Link to comment Share on other sites More sharing options...
ginger Posted February 26 Report Share Posted February 26 On 7/20/2021 at 12:10 AM, thomas said: Good question and I have no idea. How much tax was the property generating? Anyway, it looks like a massive project to just prepare the site for new construction. As an aside, I notice the former Modern Marketing building in that Kirkwood Industrial Park is for sale. https://theagency-ny.com/development-properties-opportunities/29-industrial-drive If you click on "back to all properties" you'll also see the list of The Agency commercial properties for sale/lease. Does this company still exit? So weird, the phone number is blurred out. Wasn't this a Chuck Schumer deal? We used to have a thread but I can't find it. https://pitchbook.com/profiles/company/155476-09#overview Quote Link to comment Share on other sites More sharing options...
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