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DRBA approves $5.5M building at Cape May Airport

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ERMA, N.J. – Delaware River and Bay Authority (DRBA) has approved funding for the construction of a third commercial, multi-tenant light industrial building at Cape May Airport (WWD). The projected cost is estimated at $5.5 million and is estimated to be 15,000 square feet. The new facility will complement two existing structures, both of which are presently fully leased and occupied. Construction is scheduled to start next month and is anticipated to be completed in 2025.

Delaware River and Bay Authority approved a $5.5 million, 15,000 SF project for a third multi-tenant building at Cape May Airport.

The DRBA approved a $5.5 million project that is estimated to be completed in 2025. PHOTO COURTESY OF DBRA

“During the past ten years, the Cape May Airport has been a hub for economic expansion,” DRBA Executive Director Thomas J. Cook said. “Working hand-in-hand with our Cape May County partners, we’re focused on creating an environment conducive for businesses of all types to be successful. We continue to see strong demand from the business community for space at the Airport. Our teamwork approach is producing results.”

Similar to the initial two structures on Ranger Road, the third multi-tenant light industrial building, situated across from its predecessors on the opposite side of Ranger Road, encompasses 15,000 square feet and comprises ten units.

The building will be designed and constructed by Philadelphia-based engineering firm, C&S Companies, and Arthur J. Ogren, Inc., a New Jersey located construction company. The work will include sitework, stormwater management, pavement, and utilities.

Since taking operational control of Cape May Airport on June 8, 1999, the Delaware River and Bay Authority has undertaken substantial capital investments in the general aviation facility. This includes the construction of two comparable light industrial, multi-tenant commercial buildings. Moreover, in May 2023, the Authority initiated the development of a new airport terminal building situated at the end of Hornet Road.

 

 

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