Indianapolis Region Economic Development Blog

Last week, the new Indianapolis International Airport opened for business. The $1.1 billion project is the largest development initiative in the City of Indianapolis’s history.

The world’s new gateway to the city is just a 16-mile non-stop drive from downtown. It is served by 10 major and 19 national/regional passenger airlines and has the nation’s second largest Federal Express hub.

The Indianapolis International Airport ranks as the eighth busiest cargo airport in the United States and the 20th largest in the world.



The new facility includes:

--A new, 1.2 million-square-foot, 40-gate terminal building featuring outstanding architecture, the ability to accept international arrivals, enhanced retail and dining opportunities and the capacity to handle growth from the airport’s current 8.2 million annual passengers.

--A new, five-story parking garage that can accommodate 5,900 cars and 1,200 rental cars.

--More than 17,000 parking spaces, including the garage and surface lots.

--Direct access from Interstate 70 just west of Interstate 465.

--The FedEx expansion will increase package processing capacity more than 30 percent, from 75,000 packages per hour to 99,000 packages per hour, at the second-largest domestic FedEx Express hub behind Memphis.

--The additional capacity is needed to meet forecast long-term package-volume growth, particularly for international shipments. FedEx operates international flights from Indianapolis to Europe, Asia and Canada.

--The expansion includes a 400,000 square foot expansion to the hub's existing sort facility and construction of a 175,000 square foot secondary sort building.

--Two maintenance buildings — including a 40,000 square-foot facility for aircraft maintenance and an 8,000 square-foot facility for ground support equipment — will push total hub growth by more than 600,000 square feet.

From an economic development perspective, the new Indianapolis International Airport is obviously of great benefit to the Indianapolis Region and its business clusters such as advanced manufacturing and transportation logistics. But its also beneficial to the other business clusters, such as life sciences, technology and motorsports because of the expansion of the FedEx hub (which is already the second largest in the world) and the improved ease of both commercial transport and consumer travel.

A few photos of the new Indianapolis International Airport provided by Rob Banayote of Banayote Photography (www.banayote.com):


















































Visit http://www.indianapolisairport.com/ to learn more.