Airport explores construction of new hangars amid rising market rates

The Buckeye Airport Master Plan Meeting held on May 5, 2025, focused on the future development of hangars at Buckeye Airport, addressing the growing demand for general aviation facilities. City officials discussed plans to construct new hangars, including corporate box hangars and T-hangars, to accommodate the needs of the aviation community.

Currently, T-hangars at Buckeye Airport are priced at $175 per month. However, officials noted that the fair market value for such hangars typically ranges between $600 and $700 per month. This discrepancy highlights a significant challenge, as many general aviation (GA) users are unwilling to pay these higher rates, contributing to a shortage of available hangar space across various airports.

The discussion also referenced Falcon Field, which has faced similar issues. Falcon Field plans to increase its hangar rates by 25% over the next three years to align more closely with market values. This trend reflects a broader challenge in the aviation sector, where the costs of constructing new hangars often exceed what the general aviation community can afford.

The meeting underscored the need for strategic planning to address these financial barriers and ensure that Buckeye Airport can meet the demands of its users while remaining accessible. As the city explores options for new hangar construction, the outcomes of these discussions will be crucial for the future of aviation in Buckeye.