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CHAPTER 6
Summary of Best Practices
Regardless of an airport's size, location, or market, certain best practices prevail and provide
a common thread through development projects at airports of all types. The airport sponsor
must strive to meet the demands of the airport's users, the needs and desires of the surrounding
community, the financial concerns of potential developers, and the regulatory requirements of
the FAA, all while ensuring that the current and future financial and operational health of the
airport remains intact. This can be a difficult task to accomplish, particularly when these goals
may often be seen as being at odds with each other. It is, therefore, imperative that the airport
sponsor evaluate the potential financial, economic, and regulatory impacts of the agreement
prior to entering into a lease. While it is important to consider the benefits to the community,
the developer, and ultimately the tenant in the lease arrangement, it is important to remember
that the financial sustainability of the airport is the primary goal. The following sections will
review lease and development best practices discussed throughout this Guidebook, and provide
the airport sponsor with procedures that achieve both the desired development and the neces-
sary sustainability.
6.1 Project Development
The project development phase encompasses all of the planning, collaboration, and decision-
making processes that occur prior to the negotiation and execution of the appropriate agree-
ments. For this reason, it is important to focus on setting the groundwork that will be required
for a successful relationship that, in turn, will benefit both the airport and the tenant.
6.1.1 Airport Planning
The airport sponsor must have a vision as to how the airport will be developed and those goals
must be clearly defined and aligned with those of the community and potential tenants. Using
the Airport Master Plan and any land use studies as a starting point, the basis of any potential
development project should be evaluated for its desirability and impact on the airport. The Mas-
ter Plan should define land appropriate for aeronautical and nonaeronautical use, as well as the
types of development intended for the respective land uses (such as corporate hangars on land
designated for aeronautical use or warehousing for nonaeronautical use). However, the airport
will need to maintain flexibility when it comes to its overall vision for future airport develop-
ment. The demands of the market dictate flexibility on the part of the airport sponsor and will
often require deviation and exceptions to the airport's Land Use Plan in order to secure a ten-
ant agreement. (Airport Vision discussion in Section 3.1 provides additional information on
this topic).
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