A Luxury Home for Jets and Toys

By
Managing Real Estate Broker with San Diego Previews Real Estate CA BRE# 01101958

 

Premier jet facility

 Even private jet owners from Dubai might want to stop in Carlsbad, California for fuel, red carpet service and a concierge service second to none. Celebrities, business tycoons and savvy fliers already know about the Premier Jet facility at the McClellan-Palomar Airport-and the buzz is starting to spread.

With U.S. Customs opening an office at Palomar Airport in June, a $24 million facelift in the works, and the runway being lengthened to accommodate more traffic, international high flyers may make this Carlsbad airport a new must-stop.

Marc LaChanceI had the fun opportunity to interview Marc LaChance, developer of the Premier Jet facility, and find out a little more about the this amazing airport complex that is a combination of upscale office space, glossy hangars and luxurious rest and relaxation areas for pilots and passengers.

Marc was kind enough to spare part of his morning to show me the Premier Jet complex which features 14 elegant office spaces ranging from 1500 to 8000 square feet, 19 private executive hangars spanning 3500 to 15,000 square feet and hallways wide enough to host a diplomatic reception line.

Ultimate toy storage Need red carpet, a limo or catered gourmet meals for inflight service? The on-staff concierge will attend to those requests either in person or via flight communications. Limos and caterers stay on call. There are private lounges, luxe conference rooms, a luxurious reception and concierge area, fuel and full flight planning services.

The light and glossy hangars are offered for sale, and most have already been sold. As of this writing, there are a few left-ranging from around 3500 to 4800 square feet, with an approximate price of $235 per square foot. Who buys these hangars? Some are corporate buyers, and others are hungry for space to store their toys. After all, few luxury homes offer  private runways.

Marc foresees enormous growth in the private jet industry with the new composite construction for jets. This will reduce both the cost of the jet and its fuel costs (because of its fiberglass construction and lighter weight) and increase travel safety.  Add to this the desire by many to avoid the parking hassles, security lines, and the time lost just trying to board a jet-and travel by private jet looks more attractive all the time.

What is providing additional fuel for growth in this industry are companies like Net Jet, which has around 600 jets under fractional ownership. The concept is similar to timesharing and offers significant savings over charter jet travel. But it is small jet construction that may propel private jet travel into a much broader market reach. "With composite jets, the cost for fractional ownership might be, for example, $50,000 plus $500 per hour. This will open private jet travel;to a much larger market," said Marc. He aded that perhaps 50 percent of the jets at Premier are held under fractional ownership.

Marc La Chance is an aviation buff and visionary who foresees enormous changes in flight travel during the next twenty years-even more than we have witnessed in the last sixty. And composite construction, fractional ownership and artifical intelligence are just the beginning. Programmable personal air vehicles could also become a significant means of commuting and travel for many.

It's enough to put the mind and imagination into high gear....

 

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Rainmaker
147,221
Kaye Thomas
Real Estate West - Manhattan Beach, CA
e-PRO, Manhattan Beach CA
Roberta- As people increase their discretionary income  and as the service at public airlines continues to decline you will see more of these smaller airports buff up.. We have 3 local niche airports.. Santa Monica, Hawthorne and Torrance ... of course as business increases those who live in adjacent neighborhoods are becoming more vocal so it will be interesting to note how it all plays out..  Maybe someday we will all be the Jetsons
Apr 29, 2007 03:50 AM #1
Rainmaker
197,836
Roberta Murphy
San Diego Previews Real Estate - Carlsbad, CA
Carlsbad Real Estate and Homes

Kaye: Marc estimates that costs for private jet travel have been shaved to around 2x the cost of first class travel. Expensive? Yes, but not out of line for the affluent and busy traveller.

Build it and they will come!

Apr 29, 2007 03:56 AM #2
Rainmaker
246,976
Gena Riede
Riede Real Estate, Lic. 01310792 - Sacramento, CA
Real Estate Broker - Sacramento CA Real Estate (916) 417-2699
Roberta, very enlightening. There is a niche for everyone and everything. One of the stars, I forget his name actually parks his huge jet in front of his home in the circular driveway. Just amazing. I have a ways to go before I can see that road ahead of me.
Apr 29, 2007 10:10 AM #3
Rainmaker
614,321
Sharon Simms
Coastal Properties Group International - Christie's International - Saint Petersburg, FL
St. Petersburg FL - CRS CIPS CLHMS RSPS
Good blog and topic, Roberta. We have a small airport right in downtown St Petersburg, and it definitely has been a deciding factor for some people to buy in St Pete.
Apr 29, 2007 01:29 PM #4
Rainmaker
197,836
Roberta Murphy
San Diego Previews Real Estate - Carlsbad, CA
Carlsbad Real Estate and Homes

Gena: Even jet-sons need shelter:-) The star? I am guessing John Travolta!

 

Sharon: After the interview with Marc, I would buy a small airport--or land around it--if I could.  

 

Apr 29, 2007 03:08 PM #5
Rainmaker
246,976
Gena Riede
Riede Real Estate, Lic. 01310792 - Sacramento, CA
Real Estate Broker - Sacramento CA Real Estate (916) 417-2699
Roberta, you're right!!!! Oh yeah, I'm so glad you are my voice!! And yes, we all need our places for our toys! The bigger the toy, the bigger the place.
Apr 29, 2007 03:40 PM #6
Rainmaker
197,836
Roberta Murphy
San Diego Previews Real Estate - Carlsbad, CA
Carlsbad Real Estate and Homes
Gena: That's why I just got a long-legged chihuahua puppy! LOL!
Apr 29, 2007 03:42 PM #7
Rainmaker
197,836
Roberta Murphy
San Diego Previews Real Estate - Carlsbad, CA
Carlsbad Real Estate and Homes
Note: Palomar Airport is becoming a strong sales feature for busy execs who would like to live in San Diego's prime North County, but who need to get to Los Angeles quickly.  
Sep 23, 2007 03:22 AM #8
Anonymous
Timothy

I was unaware of the pedigree of service offered to private jet flyers at Carlsbad, California. If the service really is as good as it is outlined to be in this article I'd be happy to stop over on my way to Dubai.

Jan 25, 2011 01:24 AM #9
Anonymous
Timothy

I was unaware of the pedigree of service offered to private jet flyers at Carlsbad, California. If the service really is as good as it is outlined to be in this article I'd be happy to stop over on my way to Dubai.

Jan 25, 2011 01:25 AM #10
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Rainmaker
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Roberta Murphy

Carlsbad Real Estate and Homes
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