28 Feb 2025
🏢Notice of Intent to Release Surplus Property at Melbourne Airport
Notice of Intent To Rule on a Request To Release Surplus Property at the Melbourne Orlando International Airport, Melbourne, FL
Summary
Notice is being given that the FAA is considering a request from the City of Melbourne to release 55.8 (+/-) acres at the Melbourne Orlando International Airport, Melbourne, FL from the conditions, reservations, and restrictions as contained in a Quitclaim Deed agreement between the FAA and the City of Melbourne, dated April 20, 1948. The release of property will allow the City of Melbourne to dispose of the property for non-aeronautical purposes.
Agencies
- Transportation Department
- Federal Aviation Administration
Business Impact
$$ - Med
The content discusses the release of 55.8 acres of surplus property at the airport, allowing for commercial development, which can stimulate economic growth and real estate opportunities. The sale at Fair Market Value represents a potential financial investment avenue for businesses.