By Josh Martinez | Scottsdale Independent
With over 300 flights in and out of the Scottsdale Airport daily, which generates hundreds of millions of dollars annually, the local airport is fastening its seat belt in preparation to take off on a year-long redevelopment project.
The Terminal Area Redevelopment project will bring two new executive hangers, a new Aviation Business Center and the Scottsdale Airport Thunderbird Field II Plaza. The new business center will include a new restaurant, outdoor patio seating and an event venue.
Demolition of the current terminal is expected to commence later this spring, with a summer 2018 finishing date, according to a Scottsdale Airport press release.
Located off of Scottsdale Road at 15000 N. Airport Drive, the airport is a general aviation reliever facility without commercial service, serving many of the Valley’s corporate aircraft.
This project is estimated to cost $27 million and will be financed through Municipal Property Corporation bonds. This does not include the Scottsdale Airport Thunderbird Field II Plaza as tourism development funds will help to fund that.