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Board previews proposed lease for 12,500 sq. ft. hangar at Douglas International Airport for film use
Summary
Development services presented a proposed lease allowing a film company to occupy and improve a hangar at Douglas International Airport; lease terms tie tenant improvements to rent deductions and require commercial liability insurance and FAA coordination.
Development Services presented a proposed lease the county could offer to a film company for one of the large hangars at Douglas International Airport.
Staff said the facility is approximately 12,500 square feet and that the prospective lessee intends to use it as a sound stage and film production space. The county conducted a market-rent analysis showing the proposed rent of $3,750 per quarter (described in the…
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