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Home Business News and Economic Updates in Sebastian, Florida

Sebastian Airport Hangar ‘D’ Expected to Bring Economic Growth

Andy Hodges by Andy Hodges
Dec 6, 2018 / 5:17 PM
A A
Sebastian Airport Hangar D will be good for the local economy.

Sebastian Airport Hangar D will be good for the local economy.

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SEBASTIAN – A new Sebastian airport hangar will be built soon after the city received a $1 million state grant, which is expected to bring growth to the local economy.

The total project is expected to cost $2.25 million, which will build a multi-purpose hangar at the Sebastian Municipal Airport. The city has an economic development program to construct hangars. It’s been a policy for a long time.

“This will be our 4th hangar. These hangars help bring jobs and revenue to the airport at very little cost to local tax players,” Mayor Jim Hill told Sebastian Daily.

The city already sees $45.1 million in benefits from the airport in Sebastian. The project is using a combination of state grants and a 20 percent match from the city, according to Airport Director Scott Baker.

The new airport facility will be known as Hangar “D” and will provide 20,000 square feet of space. About 15,000 square feet of the area will be used for manufacturing and assembling of aircraft and components. The remaining 5,000 square feet will be used for office space.

More: Cruiser Aircraft’s Open House at The Sebastian Airport

More: Aircraft Assembly Plant Coming to Sebastian Municipal Airport

Hangar D at the Sebastian Airport will be completed in 2020.

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