Tuesday, December 16, 2014

IN PICTURES: Nike co-founder Phil Knight's new flight hangar

If you've driven down Northeast Brookwood Parkway in Hillsboro lately, you probably couldn't miss Nike co-founder Phil Knight's brand-new flight hangar, complete with two private jets, at the Hillsboro Airport.

The hangar, at approximately 30,000 square feet, sits next to another hangar that Nike previously built in 2002 at Brookwood and Northeast Penny Way, according to the Port of Portland.

The Portland Business Journal reported that Knight's new hangar is worth $7.6 million. In September of 2013, the Port approved a 30-year ground lease at the property with "Ochoco Administrative Services LLC" and will charge more than $53,000 in annual rent. Ochoco also paid a development charge of about $177,000.

The hangar is listed in Hillsboro public records as the "Ochoco Private Hangar."

At a September 2013 meeting, Port staffer Scott Kilgo said the hangar would house a Gulfstream V and a "brand-new Gulfstream 650." The Gulfstream G650 has been touted as Gulfstream's biggest, fastest jet and can reach speeds of Mach 0.85, or more than 90 percent of the speed of sound.

Story, Comments and Photo Gallery:   http://www.oregonlive.com

Phil Knight recently completed a new flight hangar, worth a reported $7.6 million, at Hillsboro Airport, where he keeps two private jets. The hangar is visible from Brookwood Parkway. 
(Luke Hammill / The Oregonian)

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