PHASE I
Planned Facilities (Total) - 505,800 square feet
Buildings and Aircraft Support Facilities (Total) - 108,000 square feet
Facility Parking Aprons, Ramps and Taxiways (excluding future Taxiway Golf or additions to Taxiway Alpha) - 397,800 square feet
Projected Costs - $28.5 million
Pro-Forma Time Line for Commencing Facility Construction - 3 Years (36 months) from commencement of lease negotiations with the City of Ormond Beach for the lease of vacant land on the Southwest Quadrant
Flight and Ground Operations of the FBO would commence 1 year (12 months) after commencement of the facility construction
(All subject to reasonable changes)
PHASE II
Planned Facilities (Total) - 261,000 square feet
Additional Buildings and Aircraft Support Facilities (Total) - 67,500 square feet
Additional Facility Parking Aprons, Ramps and Taxiways (excluding future Taxiway Golf or additions to Taxiway Alpha) - 193,500 square feet
Projected Costs - $22.7 million
Pro-Forma Time Line for Completion of Phase II - 5 years after commencement of Phase I Flight and Ground Operations
(Dependent on current economic market conditions at that time. All subject to reasonable changes)
PHASE III
Planned Facilities (Total) - 288,000 square feet
Additional Buildings and Aircraft Support Facilities (Total) - 186,000 square feet
Additional Facility Parking Aprons, Ramps and Taxiways (excluding future Taxiway Golf or additions to Taxiway Alpha) - 102,000 square feet
Projected Costs - $8.7 million
Pro-Forma Time Line for Completion of Phase III - 10 Years after commencement of Phase I Flight and Ground Operations
(Dependent on current economic market conditions at that time. All subject to reasonable changes)
PHASE IV
Planned Facilities (Total) - 345,500 square feet
Additional Buildings and Aircraft Support Facilities (Total) - 186,000 square feet
Additional Facility Parking Aprons, Ramps and Taxiways (excluding future Taxiway Golf or additions to Taxiway Alpha) - 127,500 square feet
Projected Costs - $10.4 million
Pro-Forma Time Line for Completion of Phase IV - 15 to 20 Years after commencement of Phase I Flight and Ground Operations
(Dependent on current economic market conditions at that time. All subject to reasonable changes)
$70 Million in New Investment
$382 Million 20-Year Impact to Ormond Beach
1800 20-Year Total New Job Effect to Region
$2.0 Million New State & Local Taxes Upon Completion of First Year of Operations
Robust Operations Facility - Not Just Aircraft Storage Hangars
800 Years Total Airport
Development, Engineering & Aviation Team Experience
100+ Years Total Military Command, Control, Operational, Flight & Ground Experience
Robust Aircraft Noise Abatement Program
Protects City from Financial Risk and Liability
No Ormond Beach Funds Required for Financing of Development