Private Hangar Development
General aviation provides flexibility and convenience for both business and leisure travel needs. Now, the Indianapolis Airport Authority (IAA) is making it easier to construct in the prime, private hangar development sites available at IAA general aviation airports.
Rental Incentive
Up to one year of free land rental based on the total dollars invested into the construction of a new private-hangar is available.
Primary Term Length Options
Developers have several options related to lease term lengths based on total dollars invested into the construction of a new private hangar:
| Investment Range | Years |
|---|---|
| $50,000 - $74,999.99 | 20 |
| $75,000 - $124,999.99 | 25 |
| $125,000 - $174,99.99 | 30 |
| $175,000 - $249,999.99 | 35 |
| $250,000 and up | 40 |
Third Party Development
The IAA welcomes third party developers wishing to construct and then sublease hangars at any of our general aviation airports. The following policies applies to third party development:
- Developers planning to sublease private hangars will construct the private hangar per the defined development standards
- Rental rates for the subleasing operation shall be equal to or greater than comparable IAA T-hangar units for the same aircraft footprint
- Developers are permitted to sublease private hangar to single entities only
Development is available at the following IAA general aviation airports:
Eagle Creek Airpark (EYE)
4100 Dandy Trail
Indianapolis, IN 46254
Hendricks County Airport-Gordon Graham Field (2R2)
2749 Gordon Graham Boulevard
Danville, IN 46122
Metropolitan Airport (UMP)
9913 Willow View Road
Fishers, IN 46038
Indianapolis Regional Airport (MQJ)
3867 North Aviation Way
Greenfield, IN 46140
Have Questions?
For additional information on private hangar development, please contact Dena by email or phone. You can also use our online contact form below.
Travis Warren
IMC Assistant Superintendent
Email: twarren@ind.com
Phone: 317-487-6272