San José City Council has given the go-ahead for an $82 million 29-acre fixed base operation at San José International Airport – which will serve private jets belonging to Google chiefs and other Silicon Valley businesses.
The City Council has given the airport the green light to negotiate a 50-year lease of land west of the airport with Signature Flight Support.
The approval paves the way for Signature to construct a full-service, world-class fixed base operation (FBO) to support corporate and general aviation aircraft operations at Silicon Valley’s Airport.
Signature’s development at SJC is in partnership with Blue City Holdings, San Jose, LLC, a corporation representing the personal aircraft of the principals at Google, headquartered in Mountain View, California.
The total investment by the partnership will be approximately $82 million.
San José Mayor, Chuck Reed, said: “I am pleased that we are moving forward with development of the Airport’s West Side which will generate significant revenues to the airport, and accommodate future growth in the demand for general aviation services in Silicon Valley.
“Signature Flight Support’s development proposal will help the City of San José accomplish both of these goals. I thank Signature for its confidence in San José, its significant investments at SJC, and for the new jobs and revenues that this project will generate.”
In addition, Signature will relocate its West Coast headquarters to San José, bringing additional jobs to the community.
The total investment by the partnership is approximately $82 million in developing over 270,000 square feet of LEED Gold-certified facilities on approximately 29 acres with facility and service components containing:
- an executive terminal
- ramp space accommodating large business jets
- aircraft servicing facilities
“I’m confident the parties will reach agreement and, in very short order, we’ll be moving forward with design, permitting and construction of Signature’s private development at SJC,” said Bill Sherry, director of aviation for San José International Airport.
“The redevelopment of the Airport’s West Side, and the added revenue and local jobs Signature will provide are a valuable asset to our community.”