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Cincinnati/Northern Kentucky International Airport is taking another step toward its planned, job-creating Hangar Row development project.
Cincinnati/Northern Kentucky International Airport has awarded a contract to do an environmental assessment of its planned, job-creating Hangar Row development.
Hangar Row’s goal is to develop an ecosystem of businesses dedicated to maintaining and upgrading aircraft, a key part of CVG CEO Candace McGraw’s vision of the airport being an economic development engine in addition to a transportation asset.
Hangar Row aims to increase the airport’s value to carriers and make CVG a central location for services they need. If it can accomplish that, the airport believes it will attract additional passenger and cargo carriers. Such services could be a tipping point for a passenger airline to add more nonstop destinations or even create a base of operations at CVG, which means more flights and options for regional travelers.
The Business Courier spotlighted the project in a 2023 Weekly Edition cover story. Combined with its North Cargo project, the airport hopes to bring in more than $100 million in capital investment.
Aviation consultant Landrum & Brown, based in Blue Ash, will receive the $494,654 contract.
Hangar Row will be located on the southwest side of the airport.
CVG recently got a $20 million grant from the commonwealth of Kentucky, according to McGraw.
“We now have the ability to start this project. In order to do that, we first have to do an environmental assessment,” she said.
To implement the plan, CVG will need Federal Aviation Administration approval for a layout plan that is compliant with the National Environmental Policy Act. The firm must look at impact to wetlands, endangered species and cultural entities.
Hangar Row has about 200 acres adjacent to Youell and Limaburg roads. Some of it offers prime, valuable access to the airfield, allowing planes to pull right up to potential tenants. It will need potential new roadways and/or modifications to existing roadways for efficient access.
The environmental assessment will take about 18 months to complete.
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