Modern Aviation completes development project at Boeing Field (BFI)
WA – Modern Aviation recently finished a $25 million, two-phased development project and FBO terminal renovation at Boeing Field/King County International Airport in Seattle, Washington. The project was managed by the Business Aviation Group. Phase 1 of the development project involved building a 40,000-square-foot hangar, and Phase 2 encompassed a 24,500-square-foot hangar with a 7,500-square-foot office building. Today, Modern Aviation Seattle has 4 buildings that total over 5,000 square feet of terminal space, 16,500 square feet of office space, and 115,000 square feet of hangar space.
Modern Aviation Seattle now has the largest ramp on the airport, allowing them to service all types of aircraft up to the largest Boeing and Airbus-sized jets. The renovated FBO terminal provides a larger meeting space, web conferencing, and a new lounge for pilots. All of the Modern Aviation facilities at Boeing Field have sustainability features, including special materials that reduce the heat island effect on hangar roofs, LED lighting, extensive water-saving measures, compostable materials and recycling, drought-resistant landscaping, and EV charging stations, and electric aircraft towing vehicles.
Modern Aviation says it is seeking additional FBO acquisitions and development opportunities in North America and the Caribbean. It currently has 10 locations across the country. Modern Aviation is a portfolio company of Tiger Infrastructure Partners, a private equity fund.