Airborne Imaging is looking to expand its operations at Mid-Way Regional Airport with the proposed construction of a new 30,000 square foot hangar. Airborne currently operates out of a 10,000 square foot hangar that they lease.The Waxahachie City Council approved an incentive agreement with Airborne Imaging that will allow the long-time business at Mid-Way Regional Airport to expand its operations by constructing a new hangar at the airport.
The $3 million project will construct a 30,000 square foot hangar that will utilize approximately 2.4 acres at the airport, according to the agreement approved at Monday night's regular meeting.
Through the construction, Airborne will enter into a 30-year ground lease with Mid-Way, which is jointly owned by the cities of Waxahachie and Midlothian. The incentive agreement was expected to be presented to the Midlothian City Council after press time at its Tuesday meeting for approval.
“Airborne Imaging has been a long-term tenant for us up at the airport. They have leased a 10,000-foot city-owned hangar,” said Michael Scott, the Waxahachie Assistant City Manager. “They contract with the Department of Defense and do a number of different things out there. They are a very successful business. They have an opportunity now where they want not to just lease a hangar, but to build a hangar.”
According to the company's website, Airborne Imaging's experience includes multiple missions in Central America with the U.S. Southern Command and Honduran Air Force, test flights for a wide array of sensors being flown on unmanned aircrafts and laser mapping the coastal areas of the Gulf of Mexico and the Great Lakes for the U.S. Corps of Engineers.
According to a memo from the city of Waxahachie, an estimated $615,000 of the $3 million project will be used for infrastructure components. These include an entry driveway, a waterline extension, an electrical feed and earth works. The $615,000 incentive agreement would be split in half with city of Waxahachie and the city of Midlothian if the incentive is approved by the Midlothian city council.
The proposed project will help the airport continue to grow, said Judy Demoney, Mid-Way Regional Airport Manager.
“We are just pleased that our long-term tenant Airborne Imaging has the confidence to remain at our airport and make a substantial development,” Demoney said. “The design is in final stages. We are working out the details for the infrastructure and working out the details with the cities. Construction will start as soon as financing is finalized.”
Demoney said the proposed project provides more shovel-ready opportunities to bring new businesses to the airport to come in with the sewer, water and road improvements being made in the southern section of the airport.
Demoney added she is currently discussing the possibility with another company from another airport in the metroplex to lease the 10,000 square foot hangar that Airborne currently operates out of when the building is vacated.
Original article can be found here: http://www.waxahachietx.com
No comments:
Post a Comment