Thanks to a booming pet industry, JFK Airport in New York City has announced plans to develop a state of the art cargo terminal for animals.
It will be known as the ARK at John F. Kennedy Airport in NYC - a $48 million state-of-the-art animal handling cargo terminal devoted to the safety and handling of numerous animals, many of which will be pets. It will be the first of it's kind, and in our estimation, the first of others to a follow, due to an exponentially growing pet industry and a new world where pets are part of many families.
Remember the article we wrote about Paradise 4 Paws a few weeks back? The ARK at JFK will supposedly reserve 20,000 of the 178,000 total sq. ft. for another one of P4P's 24-hour pet resort facilities. The project is rumored to create $108 in revenues and 180 new jobs for the PANYNJ (Port Authority of New York and New Jersey) over the course of the lease term - aka 30 years.
“It’s extremely rare for any company, including major airlines and cargo handlers to get a long-term lease with the Port Authority,” Dr. Aaron Perl, founder and managing director of The ARK at JFK and general counsel of The Racebrook Portfolio Cos., said.
Yet another example of the pet business raising eyebrows in the business world.
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Jan 15, 2015