Camarillo will jump on the luxury-storage trend with Cloud 9, a 120,000-square-foot project that will bring luxury hangers and office space for private jet owners, companies and high-net-worth individuals to the Camarillo Airport.
The four 25,000-square-foot hangers will be constructed in the northeast quadrant of the airport and, according to airport officials, accommodate at least eight planes. Developer Ron Rasak, president and owner of Calabasas-based commercial real estate company RKR, declined to give specific numbers, but he said the project would cost about $30 million.
The project sits on a 6-acre site and would be the largest private development at the county-run Camarillo Airport, according to a news release. It was approved by the Ventura County Board of Supervisors last month. Clients will enter Cloud 9 through a private entrance off Las Posas Road.
Rasak said Cloud 9 will attract large companies, sports teams and wealthy individuals who live in Ventura County, Malibu, Montecito, Santa Barbara and other areas.
Cloud 9 features include covered vehicle parking with solar units on top, roll-up doors for each hanger, landscaped common areas and interior hangar designs including white-out walls and white epoxy floors.
Fifty-year leases are available, and Rasak has already received offers for the spaces, which he said “will go quickly.” Construction is planned for the end of 2019, but could begin as soon as the summer of 2019, and occupancy is slated for fall of 2020. “I came out of retirement for this project,” Rasak said with a laugh, noting that his company only takes on projects that make economic sense, are fun to work on and add to the local community.