Massport approves development

news
0
SHARE:

The Massachusetts Port Authority has approved development at Worcester Regional Airport and Hanscom Field

In January, the
Massachusetts Port Authority (Massport) Board gave its approval to Rectrix
Aviation to develop Fixed Base Operator (FBO) facilities at Worcester Regional
Airport and Hanscom
Field.  Last year, Massport issued a request for proposals (RFP) for the
development of FBO facilities to support current general aviation activity,
attract new aviation business and accommodate future demand. The RFP required
the developer to provide FBO services at both airports.

“Massachusetts’
public airports generate significant economic activity for all regions of the
Commonwealth,” said Lieutenant Governor Timothy Murray. “By partnering with
Recrtrix Aviation, the Commonwealth will enhance services for two of the
state’s growing regional airports.”

Under the terms of the proposed lease agreement, Rectrix Aviation will invest
approximately $5 million to develop hangar and office space at Worcester Airport and $15 million to develop hangar
and office space at Hanscom Field. Each facility will be sized to accommodate
the new large corporate aircraft such as the Gulfstream 650 and Global 7000.
Both developments are scheduled to be complete in two years and meet Leadership
in Energy and Environmental Design (LEED) Silver certification standards as
established by the US Green Building Council.

“Massport is an economic catalyst managing its facilities to support
economic development. With our ownership of Worcester
Airport, we were able to leverage the
benefits of both airports to offer quality development programs to meet the
demand for business aviation in Massachusetts,”
said Massport interim chief executive David Mackey. “Businesses rely on
corporate aircraft to conduct business – it’s an extension of the board room.
We’re happy to welcome Rectrix Aviation to Worcester Airport
and look forward to their continued success at Hanscom Field.”

“As a Massachusetts-based
aviation company I cannot tell you how excited we are to be involved in the
next generation of the general aviation sector at Worcester and Hanscom. There
is an economic resurgence ahead and Rectrix has positioned itself to be in the
forefront, and what better place to do so than in the Commonwealth,” said
Rectrix president and chief executive Richard Cawley.”The labor pool here is
excellent and we anticipate the addition of over a hundred jobs over the next
few years. Massport recognized this opportunity and is promoting sustainable
growth. The new generation of aircraft coming on line is very sensitive to the
environment and both Worcester and Hanscom are perfect locations for this
efficient growth.”

In a related matter, the
Massport Board also approved a term sheet with Jet Aviation to replace one of
its existing hangars at Hanscom Field with a new and more modern hangar. The
development will include passenger amenities areas, office space, aircraft ramp
space and landscape improvements. The replacement hangar will be built adjacent
to Jet Aviation’s existing facilities.

SHARE: