FedEx Corp. entered into an amended lease agreement with Memphis International Airport as it works to “reconfigure” its hub.

The latest amendment to FedEx’s composite lease agreement with the Memphis-Shelby County Airport Authority (MSCAA) adds about 72,000 square feet of unimproved ground and was approved by its board of commissioners Thursday, March 16.

The unimproved ground is an area off of Democrat Road, just south of the center of FedEx’s massive World Hub operations at Memphis International.

“It…