Chicago Executive Airport Announces Sky Harbour Hangar Campus Development
WHEELING, IL (October 12, 2023) – Chicago Executive Airport (“CEA”) has announced a new strategic partnership and lease agreement with one of the country’s most reputable aviation infrastructure development companies, Sky Harbour Group. The new agreement was approved by CEA’s Board of Directors last night and officially secured the development of a Sky Harbour Home Base campus.
The Sky Harbour campus, to be developed on approximately 25 acres, is expected to create or sustain hundreds of local jobs, and generate approximately $550 million in economic benefits. The campus will offer “the best home base in business aviation” to house approximately 20 of the Chicago area’s top corporate and privately-owned business jets in private hangars, with line-services dedicated exclusively to based tenants, offering “the shortest time to wheels-up in business aviation.”
The Chicago Executive Airport campus joins Sky Harbour campuses now operating at Houston’s Sugar Land Regional Airport (SGR), Nashville International Airport (BNA), and Miami Opa-Locka Executive Airport (OPF); campuses in development at Denver Centennial Airport (APA), Phoenix Deer Valley Airport (DVT) and Dallas’s Addison Airport (ADS); and additional campuses soon to be announced.
“Sky Harbour brings unique and differentiated benefits to CEA, to the communities of Prospect Heights and Wheeling, and to the Chicago area in general,” said Court Harris, Board Chairman of Chicago Executive Airport. “We appreciate the spirit of partnership and professionalism that the Sky Harbour team has brought to this relationship. We value the company’s track record of delivering on its commitments, and look forward to working together to enhance CEA’s value, both to the local community and to the business aviation community.”
“Chicago Executive Airport is among the best-managed business aviation airports in the United States, serving one of the country’s top business aviation markets,” said Tal Keinan, Sky Harbour’s Chairman and Chief Executive Officer. “Sky Harbour is honored to be joining the community and committed to maximizing the long-term benefits of a Sky Harbour campus to Prospect Heights, Wheeling, Cook County, and the Greater Chicago area.”
For more information on Sky Harbour, https://skyharbour.group.
About Chicago Executive Airport
Chicago Executive is a top reliever airport for Chicago O’Hare International (ORD), accepting some 100,000 corporate, charter and light recreational aircraft annually. Located just 10 miles north of ORD, Chicago Executive Airport is jointly owned by the Village of Wheeling and City of Prospect Heights. Visit us at www.chiexec.com for additional information.
About Sky Harbour Group Corporation
Sky Harbour Group Corporation is an aviation infrastructure development company building the first nationwide network of Home-Base campuses for business aircraft. We develop, lease and manage general aviation hangars across the United States, targeting airfields in the largest growth markets with significant aircraft populations and high hangar demand. Our campuses feature exclusive private hangars and a full suite of dedicated services specifically designed for home-based aircraft. To learn more, visit www.skyharbour.group.
Photo courtesy of Sky Harbour.