Airport Commission plans new 10 unit heated hangar in response to Marion runway closure

The Iowa City Airport Commission convened on March 13, 2025, to discuss significant developments regarding airport infrastructure and funding strategies. The meeting highlighted plans for a new hangar construction project, driven by recent developments at the Marion airport, which may close its runway. This potential closure has prompted the commission to consider expanding hangar capacity to accommodate a growing waiting list of 40 individuals seeking aircraft storage.

Commission members proposed the construction of a 10-unit T-hangar, designed to be approximately 1,500 square feet with enhanced amenities, including heating capabilities. The estimated cost for this project is around $1.7 million, with funding sources identified from the Bipartisan Infrastructure Law and state grant programs. The commission plans to apply for these grants in May, which could provide up to $700,000 in additional funding.

The discussion also touched on the financial implications of the project. To ensure affordability, the proposed rent for the new hangars would be set at approximately $350 per month. This rate is significantly higher than current market rates, reflecting the added amenities and the need to cover construction costs. The commission aims to minimize debt by utilizing available funds and grants, with a goal of realizing revenue as soon as possible.

In addition to the hangar project, the commission reviewed ongoing plans for airport terminal modernization. While the initial focus was on a complete replacement, the commission is now considering a phased approach that includes renovating the existing structure. This strategy allows for a more sustainable financial plan and the potential for future expansions without immediate large-scale investments.

Overall, the meeting underscored the commission's proactive approach to addressing the airport's infrastructure needs while navigating funding challenges. The anticipated timeline for the hangar construction is set for bidding in the fall, with hopes of completion by mid to late summer of 2026. As the commission moves forward, it remains committed to enhancing airport services and accommodating the growing demand for aircraft storage in the region.