Van Nuys Airport owner Los Angeles World Airports (LAWA) has issued a request for qualifications for two FBO properties at the airport. One property, situated on Daily Drive, has been vacant for several years. According to a LAWA spokeswoman, a pending deal on the location fell through, resulting in a new proposal process. The other location is the former Pentastar FBO, currently managed by Cutter Aviation, which has pledged a multimillion-dollar renovation of the facility if it is awarded a new lease. The submission window for the two properties closes at the end of this month.
The airport, one of the nation’s busiest business aviation destinations, recently celebrated the completion of a seven-month, $20.5 million renovation of its main runway. The modernization project on 8,000-foot-long Runway 16R began in February and required approximately 2,500 hours of construction time spread over 300 days. The runway was closed for 10 full days and 26 nights during that period and operated with shortened lengths for an additional 65 days.
Among the improvements: asphalt overlay and partial reconstruction of the runway’s north, center and south sections, installation of a new blast fence at the run-up area, repairs to the existing concrete runway ends, repair and expansion of concrete shoulder pavements, high-speed exit light modifications, new embedded approach lighting and new pavement markings.
The project is expected to extend the life of the runway for at least 20 years.