Black Forest Aviation Gets Green Light for Redevelopment of Southeast Corner of Addison Airport
Council approved a ground lease agreement and public fuel dispensing license with Black Forest Aviation at the December 11 Council Meeting paving the way for the redevelopment of the southeast corner of Addison Airport. Black Forest plans to build a 20,000 square foot Fixed Base Operator terminal, three 39,000 square foot hangars with additional lean-to office/shop space, and over 200,000 square feet of aircraft ramp and related automobile parking.
In November 2014, the Town issued a request for proposal for the redevelopment of the 16-acre airport site situated across Addison Road from Addison Circle Park. The developer selected at that time was unable to meet the terms of the agreement. After the agreement with the initial developer was terminated, several entities expressed interest in developing the site. Staff asked potential developers to submit a proposals and a selection committee of Town and Airport staff met with each one to discuss their plans. Since that time, Town, Airport, and legal staff have been negotiating the final terms of the ground lease and the companion fuel dispensing agreement for the proposed development.
Black Forest plans to begin construction in approximately six months. You can watch the Council discussion on Black Forest Aviation here.