Committee weighs high costs, premium features for potential 60x60 hangars on 40-acre parcel
Members debated demand and financing for larger corporate hangars and discussed a 40‑acre parcel as a long‑term development site; estimates and premium features could be necessary to make new hangars financially viable.
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Members discussed whether building larger 60x60 corporate hangars would be financially feasible given high construction costs and bond service. One participant suggested a rough cost of about $34,000,000 for that kind of buildout, and members noted that such a price would require rents or alternative financing to make the project work.
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