Farmingdale, New YorkModern Aviation breaks ground on Republic Airport hangar development |
Modern Aviation has broken ground on two new hangars in its most recent development project at Republic Airport in Farmingdale, NY.
The project encompasses the construction of two hangars on Modern Aviation’s Breslau parcel at Republic Airport, totaling over 81,000 sq ft including 71,200 sq ft of hangar space and 10,100 sq ft of office space. The hangars will be equipped with 28-foot-high doors capable of accommodating today’s largest business jets.
The first hangar (35,100 sq ft) is fully leased out on an exclusive basis to one customer and is expected to be completed in August 2024.
The second hangar (46,200 sq ft) comprises two separate bays, one of which is fully leased out, with the second still available. Completion of the second hangar is expected in November 2024. The development cost of both hangars is expected to exceed $27m.
(L to R): Manuel Moran-Mendoza, Republic Airport Operations Director; Victor Cerami, Republic Airport Maintenance Manager; Anthony Ceglio, Republic Airport Director; Stella Barbera, Republic Airport Commission Member; Mark Carmen, President and CEO of Modern Aviation; Emmanuel Yapo, EVP-Strategy and Corporate Development of Modern Aviation; Aleem Mohammed; General Manager of Modern Aviation FRG; Michael Clow, Republic Airport Assistant Manager.
Both hangars were designed with sustainability in mind. Some of the sustainable features included in the buildings are energy efficient / occupancy censored lighting and mechanical systems, building insulation that exceed code requirements, and the use of recycled materials.
Modern Aviation's CEO Mark Carmen, said, "We are very excited to begin the construction of our first hangars at Republic Airport since our acquisition last year. This project will vastly increase our presence on the field while also adding to the numerous advantages that Republic Airport offers to customers.
"We have capacity to develop more hangars at Republic and look forward to partnering with the airport authority and NYSDOT to pursue these additional hangar development projects in the future."
BlueSky Business Aviation News | 23rd November 2023 | Issue #725