Aviation Service Center Coming To KAVL
Aviation Development Group of Denver, CO told ANN this week of
its plans to develop an aviation service center at Asheville
Regional Airport (AVL) in North Carolina.
The planned, phased development includes terminal, office and
hangar facilities totaling approximately 373,000 square feet, with
an estimated completion cost of approximately $37 million. The
project will accommodate a complimentary variety of users including
a fixed base operator (FBO), charter operator, maintenance provider
(MRO), corporate and individual aircraft owners/operators and other
aviation-related businesses requiring office/hangar facilities.
The initial phase, approximately 95,000 square feet, is designed
for an FBO, MRO, charter operator and a corporate aviation
department. ADG has issued a Request for Proposals soliciting
qualified firms interested in purchasing or leasing one or more of
the to-be-built facilities. Subsequent planned phases comprising
approximately 277,000 square feet include a community hangar and
over 45 corporate, executive and box hangars.
"There are a couple of key benefits to a comprehensive,
master-planned development," said Michael Dunn, ADG’s founder
and manager of real estate investment and development. "We are able
to achieve greater cost efficiencies than piecemeal development by
individual users. Plus, a mixed-use aviation development designed
for complimentary functions gives businesses the opportunity to
acquire customized facilities for their respective operations,
while all the risks and responsibilities of project construction
are managed by the developer."
is now constructing 41 executive and corporate hangars totaling
147,000 square feet at Chino Airport (CNO) in Chino, CA.
Thirty-nine of the hangars have been pre-sold, and the project is
scheduled for completion in May 2007. Additionally, ADG was
selected to develop a 10+ acre parcel at Buchanan Field Airport
(CCR) in Concord, CA. Planned development includes 43
corporate/executive hangars totaling approximately 171,000 square
feet. All of the hangars have been reserved.
Aviation Development Group develops aviation facilities on a
nationwide basis for individuals, corporations, fixed base
operators, charter operators and corporate flight departments.