The Airport/Cities own 58 aging T-hangar units that are rented out on a month-to-month basis for basic light aircraft storage. In 2021, Fort Collins-Loveland jetCenter (FCLJC) presented an unsolicited proposal to redevelop the area in phases, replacing the T-hangars with larger hangars, in alignment with the Master Plan. Staff followed the typical development process and negotiated lease terms. The Planning & Development Subcommittee (PDSC) recommended approval of the lease. The negotiated lease agreement was presented for Airport Commission consideration. Following significant opposition from tenants of the T-hangars and developers who were unaware of the redevelopment opportunity, the Airport Commission opted to issue a request for proposals (RFP)

The objectives of the RFP were to:

• Replace the aging Airport-owned T-hangars with new facilities that represent a higher and better use in alignment with the Airport Master Plan (2020).

• Support the construction and operation of new hangars to provide options for tenants who might be displaced by redevelopment as well as others looking to base aircraft at the Airport.

The RFP generated three responses. An evaluation committee consisting of PDSC members reviewed the proposals and conducted interviews with the respondents. The committee presented recommendations to the Airport Commission and was given the following direction:

• Engage in exclusive negotiations with FCLJC for redevelopment of all or a portion of Site A (T-hangars owned by the Airport/Cities).

• Develop and implement an infrastructure plan to create shovel-ready property for new hangar development on Site C (area north of runway 6/24).