AFCO Completes Construction of New Central RDC San Diego International
Aviation Facilities Company, Inc. (AFCO) participated in a ribbon-cutting ceremony on November 14, 2012 to celebrate its completion of the Receiving and Distribution Center (RDC) project on behalf of the San Diego County Regional Airport Authority (Authority) at the San Diego International Airport.
The RDC is a 23,000 square-foot facility located on the north side of the airport that will serve as a modern, efficient and environmentally friendly central delivery distribution center for all terminal concession operations and is a key component to the Authority’s new concession program at the airport. The project will provide significant efficiency and security benefits by centralizing the distribution of food, beverage and other goods at the airport and reduce traffic on surrounding roadways, reducing greenhouse gas emissions. AFCO and the Authority are pursuing Leadership in Energy and Environmental Design (LEED) Gold certification from the U.S. Green Build Council for the RDC project, which would make it the first LEED Gold-certified receiving and distribution facility in the world.
The RDC project is the first construction project in the Authority’s history to utilize a public-private partnership. This innovative model allowed the Authority to acquire essential facilities without using its bonding capacity, as well as build the project more quickly than would have been possible using a traditional airport public works construction model.
Public Private Partnership
“We are honored and privileged to successfully complete this critical piece of infrastructure on behalf of the Authority,” said Chuck Stipancic, President & CEO of AFCO. “Given that this was the Authority’s first experience in using the private sector to finance and develop a project at the airport it was especially important to us that the project be a huge success”. Thella Bowens, President/CEO of the Authority commented, “we’re excited to bring this new facility online and it has been a pleasure working with AFCO on a successful project and we appreciate their collaborative approach in the true spirit of a public-private partnership”.
AFCO was awarded the RDC project through a formal RFP process and began construction in March 2012 and completed the work in less than nine months. The $8.5 million project was financed under a credit-tenant lease structure, where the Authority will lease the facility and pay a fixed rent over a 20-year period.
Contact: Chuck Stipancic, President & CEO, 703-902-1187, email@example.com
AFCO is a recognized leader in the development, management and operation of airports and airport infrastructure. With broad capabilities and deep experience, AFCO provides an unparalleled level of service and value to its clients including airports, municipalities, commercial and cargo airlines, freight forwarders and a wide variety of other airport users.