San Fernando Valley Business Journal

October 19, 2018

 

Developer Feels Good About Flying on Cloud 9

CONSTRUCTION: Camarillo project features hangars, amenities for owners.

Mark R. Madler Staff Reporter Ron Rasak is on cloud nine over Cloud 9 at Camarillo, a $20 million hangar project to be built at Camarillo Airport.
The development is what got Rasak out of retirement after 11 years with his company, RKR Inc., in Calabasas.
“Our company has three mottos,” Rasak said. “It has to make economic sense; it has to be fun; and it has to add to the community. This falls into every single group so that is why we are excited about it.”
Cloud 9 will consist of four 25,000-square-foot hangars with each having 5,000 square feet of office space attached. The project will break ground toward the end of next year, perhaps as early as August, and be completed and ready for occupancy in 12 months. The hangar space can accommodate up to eight planes.
“Cloud 9 is for individuals and companies that don’t want to be in an FBO (fixed-base operation),” Rasak said. “They don’t want their beautiful planes in with a bunch of other planes, getting moved in and out. They want their own offices. They don’t want to be seen.”
To facilitate privacy for the aircraft owners and their guests, RKR will build a separate entrance off Las Posas Road, he added.
Other amenities will include covered vehicle parking and roll-up doors on the hangars so that vehicles can pull inside. Each hangar will have white epoxy floors and walls accented with red and blue paint.
Rasak said he has purchased an FBO at the airport and will offer fuel at cost to aircraft owners with hangar space at Cloud 9 during their first year of ownership.
“That is a huge thing for people who have jets,” he added.
Another selling point of the development is the 40-year lease on 6.2 vacant acres at the northeast end of the airport where the company will build the hangars, with an option for an additional 10 years.
In January, he is going to start marketing the property to aircraft owners.
“We are putting together all the marketing stuff now,” Rasak said. “This is going to sell out, I believe, very quickly so there is not a rush in our minds to get out there.”

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