Developer Gets Lease for Vegas-area Hangar Complex

High Flying Hangars has received a lease for the development of a 36-acre plot of land at Nevada’s Boulder City Municipal Airport (KBVU). The Albuquerque, New Mexico-based company, which won a request for proposals last year, has now negotiated a 40-year lease and 10-year option with Boulder City’s city council for the site on the north side of the Las Vegas-area airfield.

“We are committed to providing the best possible customer experience for those who use our airport, and we felt confident that High Flying Hangars shared our business principles,” said KBVU manager Marissa Adou. “Given the current demand for hangar space in southern Nevada, we believe this partnership will provide residents and visitors the amenities they want most at a reasonable cost.”

Plans call for an $80 million complex at the airport, with private hangars ranging from 40 to 100 feet wide, the latter accommodating large private jets. A clubhouse for hangar owners’ use will also be included. Construction is expected to commence by year-end.

“We are absolutely thrilled…by the unanimous approval from the city council,” said High Flying Hangars CEO Kenny Hinkes. “Boulder City Municipal Airport is a hidden gem in the Las Vegas metroplex, and pilots based in the region will surely find in KBVU the land, vision, and commitment to provide the community with much-needed high-quality hangars.”