southeastern Pennsylvania, about 50 miles west of Center City Philadelphia, and 30 miles east of Lancaster. Existing aviation facilities at the airport include a paved 5,400-foot runway with precision approach capabilities. The airport serves 93 based aircraft, including 19 jets. It has 65 T-hangar units and over 150,000 square feet of conventional hangar space to accommodate a variety of aircraft maintenance and manufacturing as well as Med-Evac operations.
VALUE INDICATORS
Developing an estimate of select airports throughout the state provides the public, airport stakeholders, as well as policy decision makers an understandable value of their airports. By estimating the current cost of replacing the facilities, a value can be established for Chester County Airport. Assets and average construction costs are in 2011 dollars (rounded to the nearest million) and are presented in the following categories:
1. Land – range of per acre value for land established by local comparable properties either recently sold or currently for sale.
2. Runway, Taxiway, Apron – per square foot value assigned to airfield pavement areas.
3. Hangars and Buildings – per square foot or unit values for landside structures.
4. Navaids, Lights and Equipment – units costs for approach and lighting systems and airport operations equipment.
5. Engineering/Environmental Contingency – adjustment to account for engineering, planning, permitting and environmental mitigation.
6. ARC Adjustment – adjustment for facility values of less identifiable infrastructure assets such as utilities, parking lots, drainage, access roads, runway safety area grading, etc.
AIRPORT DESCRIPTION
System Role Advanced
Primary Runway Length 5,400 feet Primary Runway Width 100 feet
Approximate Acreage 352
Taxiway Type Full Parallel
Approach Type Precision
Based Aircraft 93
KEY AIRPORT VALUES
Land $17,000,000 - $42,000,000 Runway, Taxiway, Apron 24,000,000
Hangars and Buildings 17,000,000
Navaids, Lights, Equipment 4,000,000
Eng./Env. Contingency 18,000,000
ARC Adjustment 18,000,000
TOTAL $98,000,000 - $123,000,000
VALUE TO THE COMMUNITY
Chester County Airport provides a wide range of services to the surrounding area that attracts many unique types of businesses, tenants and users. The following facts about the airport’s operation help demonstrate its value to the community.
1. Chester County Airport is a publicly-owned, reliever airport located close to Philadelphia.
2. Over 95% of corporate aircraft operations are from Fortune 500 companies.
3. The largest corporations at the airport: Sikorsky Helicopters (150 employees), Sureflight - aircraft finishing (15) and EraMed - air medical (12).
4. Celebrities fly into and out of the
airport for guest appearances at nearby QVC Studios.
5. Brandywine Hospital has flights to the airport in support of transplant operations.
6. The PA DCNR has an agreement with the airport to allow staging and filling of fixed wing firefighting aircraft.
7. Universal Aviation Management is an on-site aircraft broker providing shared aircraft ownership.
Source: Google Earth, Approximate Property Line - - -
north of the City of Doylestown in southeastern Pennsylvania, about 30 miles north of the Center City Philadelphia, and 30 miles south of Allentown. Existing aviation facilities at the airport include a paved 3,004-foot runway with non-precision approach capabilities. The airport serves 157 based aircraft, including 11 multi-engine aircraft and three helicopters. It has 115 T-hangar units and over 10,000 square feet of conventional hangar space to accommodate the full range of services offered by the fixed base operator.
VALUE INDICATORS
Developing an estimate of select airports throughout the state provides the public, airport stakeholders, as well as policy decision makers an understandable value of their airports. By estimating the current cost of replacing the facilities, a value can be established for Doylestown Airport. Assets and average construction costs are in 2011 dollars (rounded to the nearest million) and are presented in the following categories:
1. Land – range of per acre value for land established by local comparable properties either recently sold or currently for sale.
2. Runway, Taxiway, Apron – per square foot value assigned to airfield pavement areas.
3. Hangars and Buildings – per square foot or unit values for landside structures.
4. Navaids, Lights and Equipment – units costs for approach and lighting systems and airport operations equipment.
5. Engineering/Environmental Contingency – adjustment to account for engineering, planning, permitting and environmental mitigation.
6. ARC Adjustment – adjustment for facility values of less identifiable infrastructure assets such as utilities, parking lots, drainage, access roads, runway safety area grading, etc.
AIRPORT DESCRIPTION
System Role Intermediate Primary Runway Length 3,004 feet
Primary Runway Width 60 feet
Approximate Acreage 200
Taxiway Type Full Parallel Approach Type Non-Precision
Based Aircraft 157
KEY AIRPORT VALUES
Land $11,000,000 - $38,000,000 Runway, Taxiway, Apron 8,000,000
Hangars and Buildings 4,000,000
Navaids, Lights, Equipment 1,000,000 Eng./Env. Contingency 10,000,000
ARC Adjustment 5,000,000
TOTAL $39,000,000 - $66,000,000
VALUE TO THE COMMUNITY
Doylestown Airport provides a full range of services necessary to meet the needs of a large population of single and multi-engine general aviation aircraft. The following facts about the airport’s operation demonstrate its value to the community.
1. Doylestown Airport is a publicly-owned, reliever airport located close to Philadelphia.
2. The airport’s one on-site business tenant is Leading Edge Aviation, a fixed base operator.
3. Compared to other airports in the state, DYL has a very large number of based aircraft, most have less than 100.
4. Corporate flight operations are common with activity from companies like Merck, Bimbo Bakeries and Greater Media.
5. The airport is adjacent to a 35-acre industrial park with 12 businesses located in it.
6. The airport promotes/runs a number of community events during the year to generate interest in aviation and the airport.
Source: Google Earth, Approximate Property Line - - -
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AIRPORT LOCATION AND FACILITIES
Erie International Airport is located five miles southwest of the City of Erie in northwestern Pennsylvania, near the coast of Lake Erie.
Existing aviation facilities at the airport include a paved 6,500-foot runway with precision approach capabilities, secondary runway measuring 3,507 feet by 150 feet and a passenger terminal building. The airport serves 39 based aircraft, including two jets. It has 28 T-hangar units and almost 90,000 square feet of conventional hangar space to accommodate a variety of aircraft maintenance and manufacturing as well as facilities necessary to support commercial passenger service.
VALUE INDICATORS
Developing an estimate of select airports throughout the state provides the public, airport stakeholders, as well as policy decision makers an understandable value of their airports. By estimating the current cost of replacing the facilities, a value can be established for Erie International Airport. Assets and average construction costs are in 2011 dollars (rounded to the nearest million) and are presented in the following categories:
1. Land – range of per acre value for land established by local comparable properties either recently sold or currently for sale.
2. Runway, Taxiway, Apron – per square foot value assigned to airfield pavement areas.
3. Hangars and Buildings – per square foot or unit values for landside structures.
4. Navaids, Lights and Equipment – units
costs for approach and lighting systems and airport operations equipment.
5. Engineering/Environmental Contingency – adjustment to account for engineering, planning, permitting and environmental mitigation.
6. ARC Adjustment – adjustment for facility values of less identifiable infrastructure assets such as utilities, parking lots, drainage, access roads, runway safety area grading, etc.
AIRPORT DESCRIPTION
System Role Commercial
Servic Primary Runway Length 6,500 feet
Primary Runway Width 150 feet
Approximate Acreage 450
Taxiway Type Full Parallel
Approach Type Precision
Based Aircraft 39
KEY AIRPORT VALUES
Land $22,000,000 - $53,000,000 Runway, Taxiway, Apron 52,000,000 Hangars and Buildings 44,000,000 Navaids, Lights, Equipment 9,000,000 Eng./Env. Contingency 32,000,000
ARC Adjustment 32,000,000
TOTAL $191,000,000 - $222,000,000
Source: Google Earth, Approximate Property Line - - -