table of contents

4th quarter 2007

 

Growing number of corporate hangars a positive economic barometer

Economic development professionals know that an airport is a vital economic engine for a community. One sign of economic prosperity is the presence of corporate aircraft hangars, those anonymous looking structures usually positioned off to the side or in back of the runways.

In Volusia County, developer Bob Nass is building first-class hangars that are attracting the attention of owners of some mighty fine aircraft.

“With the growth of corporate aviation, there is demand for corporate hangars,” said Nass. “This is especially true of first-class corporate hangars, with amenities for the convenience and comfort of passengers and flight crew.

Some even have stylish offices space, so traveling executives have an extraordinarily convenient place in which to conduct business.”

Nass has spent a lifetime in commercial and residential real estate and has developed projects in the northeast, North Carolina and Florida. His projects include hospitals, supermarkets, churches, restaurants and more. But as an avid aviator, he has a special affinity for the development of aircraft hangars.

In the 1990s, Nass worked with the Fort Pierce Airport Authority to develop hangars. Now he and his partners are creating first-class hangars in DeLand and Daytona Beach. A resident of the Spruce Creek Fly-In in Port Orange, he recently moved his office from Pennsylvania to DeLand. His office provides a panoramic view of the airfield.

Nass and his partners have leased two parcels totaling nearly nine acres at DeLand Municipal Airport.

“This is the site of Mustang Point Aerodrome, a complex of 30 hangars ranging from 2,500 to 10,000 square feet,” said Jerry Coone, Nass’s partner and project manager. Construction features handsome granite block and structural steel, with tinted-glass entrances. The hangars can be outfitted for cable television and high-speed Internet access, air conditioning, 200-amp electrical service, bath and shower facilities and two-story offices. The clearance is 16 feet and the hangars have remote-controlled high bi-fold doors.

“Owners of high-end corporate aircraft insist on suitable hangars in key locations,” said
Coone. “They also want their passengers to be comfortable and want their hangars to be first class. As aviators ourselves, we appreciate this and do everything we can to produce corporate hangars that are a source of pride for our customers.”

A few miles east from Deland Municipal Airport is Daytona Beach International Airport,
where Jet Park Daytona is being created under the watchful eye of Michelle La Vigna, also a partner of Nass.

Jet Park Daytona is on 19 acres at DBIA, under a 30-year lease with the airport. The county’s airport master plan calls for the development of large hangars for corporate aviation, private aviators and aviation-related businesses.

“We see a growing need for these facilities given the upward trends in general aviation,” said La Vigna. “Our goal is to provide quality, first-class hangars, structured for private leased ownership.”

Add to this, the security of a leased-ownership hangar, the promotional value of hanging the corporate name on the side, the ability to design the interior, the ability to include a conference room and offices, and it becomes very attractive for corporate customers or discerning private aviation enthusiasts.

“Aviation is a good barometer of business, and the presence of upscale corporate hangars is a good barometer of aviation,” said Phil Ehlinger, who oversees business development for the Volusia County Department of Economic Development.

Ehlinger, a pilot who has seen hundreds of airports and even more hangars, said that serving the aviation community is like anything else: “Quality sells.”


Department of Economic Development
700 Catalina Drive, Suite 200, Daytona Beach, FL 32114
Telephone:
386-248-8048   FAX: 386 238-4761   Toll Free: 800-554-3801

Phil Ehlinger
Interim Director

doed@volusia.org