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Box hangar project at Scottsdale Municipal Airport illustrates bullish expectations

‘Economic powerhouse’ of Scottsdale eyes private storage

The Sun Eagle Corp. has been provided construction manager at-risk qualifications for the fabrication of up to 14 box hangars at parking lot Kilo on the north end of the Scottsdale Municipal Airport.

The Scottsdale Municipal Airport is at 15000 N. Airport Drive, and is among the busiest municipal airports in the country and an economic powerhouse of the region, experts say.

In calendar year 2017, there were approximately 168,126 takeoffs and landings at the Scottsdale Airport, which equates to roughly 464 takeoffs and landings a day and about three departures or landings a minute, according to Independent archives.

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Box hangar project at Scottsdale Municipal Airport illustrates bullish expectations

‘Economic powerhouse’ of Scottsdale eyes private storage

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The Sun Eagle Corp. has been provided construction manager at-risk qualifications for the fabrication of up to 14 box hangars at parking lot Kilo on the north end of the Scottsdale Municipal Airport.

The Scottsdale Municipal Airport is at 15000 N. Airport Drive, and is among the busiest municipal airports in the country and an economic powerhouse of the region, experts say.

In calendar year 2017, there were approximately 168,126 takeoffs and landings at the Scottsdale Airport, which equates to roughly 464 takeoffs and landings a day and about three departures or landings a minute, according to Independent archives.

Scottsdale City Council in early March unanimously approved Resolution No. 11695, which among other things, confirms a guaranteed maximum price of $4,092,924 including a 5% municipal contingency of $165,020 in addition to the published guaranteed maximum price.

“The development plan calls for constructing up to 14 box hangars on the airport’s Kilo parking apron located on the north end of the airport,” said Chris Read, Scottsdale assistant aviation director, in his report to City Council. “[Guaranteed maximum price] No. 1 will consist of seven hangars, then if there is additional interest, seven additional hangars will be constructed through a second GMP.”

Scottsdale officials recently published a report on the estimated economic impact the airport has on the surrounding community.

The airport experienced a 20.7% increase in total benefits since 2014, said Dr. Lee McPheters, research professor at Seidman Research Institute at the W.P. Carey School of Business at ASU.

Aviation activity at the airport and airpark created $688 million in total economic output --- which is the value of all goods and services --- for 2019, according to the report. Aviation activity also added $37 million to local and state tax revenues --- creating an overall economic benefit of $1.9 million daily, according to the report.

Surrounding the airport’s passenger terminal is what has been coined, “the Scottsdale Airpark,” an area home to over 3,000 firms and more than 50,000 employees.

Mr. Read says airport officials expect more growth, more flights and more economic opportunity spurred from the Scottsdale tarmac.

“The development is being proposed to address our existing and forecasted need for additional hangar space in accordance with the City Council-adopted airport master plan,” he said. “The master plan outlined the development of executive box hangars on the Kilo parking apron.”

Funding the project comes from aviation enterprise funds, according to Mr. Read.

“The construction phase tasks related to this project for GMP No. 1 will take approximately eight months to complete,” he pointed out.

“The public was provided the opportunity to comment on this proposed action at the Airport Advisory Commission on Feb. 19. No negative comments were received and the Airport Advisory Commission unanimously approved a motion to recommend to the City Council adoption of Resolution N. 11695.”

Scottsdale City Council, City of Scottsdale, Scottsdale Airport, Sun Eagle Corp.

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