During the Wayne County Board of Commissioners meeting on June 3, 2025, discussions centered around the proposed construction of T hangars at the local airport, a topic that has been under consideration for over a decade. The meeting highlighted the financial implications of the project, particularly concerning rental rates and the timeline for recouping the investment.
One commissioner raised concerns about the projected rental income from the T hangars, which are expected to accommodate 12 planes at a rental rate of approximately $3.50 to $3.75 per square foot. The commissioner calculated that it would take around 16 years to recover the estimated $1 million investment in the hangars based on these rental rates. This raised questions about the viability of the project, especially when compared to private storage unit rental prices, which seem significantly higher.
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Subscribe for Free In response, another commissioner emphasized the necessity of the T hangars for the growth and improvement of the airport facilities. They noted that the county has not built any new T hangars in over 20 years, and that maintaining and expanding airport infrastructure is crucial for attracting more aircraft and enhancing services. The commissioner also pointed out that the county had previously turned down private offers to build the hangars, opting instead to retain ownership and control over the airport facilities.
Furthermore, the discussion included the financial strategy for the hangar construction, which involves collaboration with the Wayne County Development Authority (WCDA) to minimize costs. The county has secured favorable pricing for construction, and the potential for additional revenue from taxes and services related to the planes housed at the airport was highlighted as a benefit beyond just rental income.
The meeting underscored the balancing act faced by the county in investing in infrastructure while ensuring financial sustainability. As the county moves forward with the T hangar project, the discussions reflect broader themes of economic development, community investment, and the importance of modernizing local facilities to meet future demands. The board's decisions in the coming months will be critical in determining the airport's role in Wayne County's growth and economic landscape.