Airport FBO Hangar Purchase

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Airport FBO Hangar Purchase project information from Fiscal Year 2020 Budget (Project No. 22NEW2) Airport FBO Hangar Purchase Aerial

Construction Start Date: N/A     

Estimated Completion Date: Fall 2022

Project Manager: Terry Yates 703-771-6671

Project Description:  Purchase of the fixed‐base operator (FBO) hangars.  Town acquisition of an existing commercial hangar complex would ensure critical aviation business services such as aircraft refueling, aircraft maintenance, and avionics repair remains available. These services are important to retain based aircraft tenants and to competitively attract new tenants and aviation businesses. The Town could directly encourage aviation business growth in the commercial facility while creating a new revenue stream. Currently, no Town rental revenue derives from the existing commercial hangar tenants.

Project Updates: As of February 5, 2020 There is no funding for this project until Fiscal Year 2022.