Sage-Popovich to lease new Gary hangar

Post Tribune (Sunday) - - News - By Ca­role Carl­son Post-Tri­bune Ca­role Carl­son is a free­lance re­porter for the Post-Tri­bune.

The Gary/Chicago In­ter­na­tional Air­port Author­ity ap­proved a 10-year lease Tues­day with Sage-Popovich Inc. for its $2.6 mil­lion East Cor­po­rate Hangar.

Of­fi­cials said the agree­ment was still sub­ject to re­view by le­gal teams from the air­port and Sage-Popovich, which has op­er­ated at the air­port for about 23 years, ac­cord­ing to air­port spokesman David Gold­en­berg.

Un­der the lease, Sage-Popovich will pay an an­nual rent of 6 per­cent of the over­all de­vel­op­ment costs for the new hangar, es­ti­mated to be $2.6 mil­lion, plus ad­di­tional ex­penses. Sage-Popovich is re­spon­si­ble all costs as­so­ci­ated with the of­fice build­out of the hangar.

He said the fi­nal lease cost would be cal­cu­lated when the fi­nal re­view was com­pleted.

The author­ity ap­proved the lease with lit­tle dis­cus­sion. It pro­vides for two five-year ex­ten­sions.

The new 25,000-square-foot hangar, on the far east side of the air­port on Air­port Road, is still un­der con­struc­tion with a com­ple­tion date ex­pected in the first quar­ter of 2019.

Ac­cord­ing to its web­site, SagePopovich re­pos­sesses com­mer­cial air­craft. Nick Popovich, of Val­paraiso, is its pres­i­dent. The firm has more than 100 em­ploy­ees, ac­cord­ing to its web­site. It pre­vi­ously leased space from the Gary Jet Cen­ter, Gold­en­berg said.

“The en­tire Sage-Popovich flight depart­ment is thrilled to en­ter this new phase of our ex­pan­sion with a new home at the Gary/Chicago In­ter­na­tional Air­port,” Popovich said in a state­ment. “It has been amaz­ing to see the growth of the air­port over the past two decades and we are happy to be just a small part of that amaz­ing trans­for­ma­tion.”

Air­port author­ity Chair­man Tim Fesko in a state­ment said SagePopovich has al­ready op­er­ated for more than two decades at the air­port.

“The air­port board is pleased to en­ter into this direct, long-term lease with the com­pany to oc­cupy our new East Cor­po­rate Hangar for the next decade and hope­fully be­yond,” Fesko said.

The author­ity board also wel­comed new mem­ber Phil Mullins, of Gary, who re­placed Ron McColly as Lake County’s rep­re­sen­ta­tive. He was ap­pointed by the Lake County Coun­cil.

Mullins, 68, has been in­volved in lead­er­ship train­ing and grass­roots ad­vo­cacy ef­forts for more than 30 years. He has served as both an or­ga­nizer and chief strate­gist on civic cam­paigns and ini­tia­tives in an ar­ray of pol­icy ar­eas. Mullins is re­tired but still serves as a con­sul­tant with New Civics Strate­gies LLC.

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