First Land Tenant Approved at Santa Teresa Jetport
NM – The first tenant to the county jetport in Santa Teresa, New Mexico was approved by Doña Ana County. Burrell Aviation plans to construct a new air cargo handling facility, cold storage, distribution center, and aircraft maintenance hangars at the Doña Ana County International Jetport. Jetport Manager William Provance told commissioners the development of air cargo capability at the jetport will support growth in the Santa Teresa Industrial Park and bring in new jobs. Burrell plans to build the four structures, which will cost about $72 million, over the next three years.
The lease contract lasts 30 years and has a 10-year extension option. Along with the county commission, the lease contract will also require New Mexico State Board of Finance approval. The ground lease agreement will cost Burrell $0.19 per square foot with a footprint of approximately 40 acres.
The lease agreement requires the county to upgrade the runway and taxiways and construct ramps to accommodate large aircraft such as a Boeing 737. This will cost the county over $11 million.