{"id":205544,"date":"2026-03-25T14:47:07","date_gmt":"2026-03-25T14:47:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/205544\/"},"modified":"2026-03-25T14:47:07","modified_gmt":"2026-03-25T14:47:07","slug":"jacksonville-issues-permit-for-otto-aerospace-hangar-at-cecil-airport-to-build-business-jet","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/205544\/","title":{"rendered":"Jacksonville issues permit for Otto Aerospace hangar at Cecil Airport to build business jet"},"content":{"rendered":"

JACKSONVILLE, Fla. \u2013 The city of Jacksonville issued a permit for Otto Aerospace to build a production facility at Cecil Airport, according to our news partners at the Jacksonville Daily Record<\/a>.<\/p>\n

The permit for the hangar at 6105 Flightline Road is for 59,130 square feet of demolition at a project cost of $500,000. Balfour Beatty Construction LLC is the contractor.<\/p>\n

Otto, based in Texas, announced in June 2025 that it would establish a manufacturing and production facility to build its Phantom 3500 business jet at Cecil Airport. The company was known then as Otto Aviation but changed its name in September 2025.<\/p>\n

Otto said it would build more than 600,000 square feet of office and manufacturing space by Jan. 1, 2032, for production of the Phantom 3500. Plans called for creation of at least 400 jobs at an average $90,000 salary at the airport by the end of 2031, with possible expansions that would increase the workforce to 1,200 by 2040. <\/p>\n

Otto said it plans to relocate its headquarters to Jacksonville. <\/p>\n

The company said its total capital investment in Jacksonville would be $430 million. <\/p>\n

In May 2025, the Jacksonville Aviation Authority board approved an incentive package for Otto that comprised:<\/p>\n

A $22.5 million investment by JAA for site preparation and design\/construction to extend taxiway E-1 to the property where Otto plans to build its facility.\u00a0<\/p>\n

Abatements on rent and common area maintenance fees on Hangar 825, worth $3.73 million.<\/p>\n

Rent credits on Hangar 825, worth $1.5 million.<\/p>\n

In June 2025, Jacksonville City Council approved a $20 million incentive package for the aircraft company. The 18-0 vote constituted final action on a 20-year, 75% Recapture Enhanced Value Grant for Otto.<\/p>\n

Click here<\/a> to read the full story.<\/p>\n

Copyright 2026 by WJXT News4JAX – All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"JACKSONVILLE, Fla. \u2013 The city of Jacksonville issued a permit for Otto Aerospace to build a production facility…\n","protected":false},"author":2,"featured_media":205545,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[49877,116,48625,118,117],"class_list":["post-205544","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville","tag-cecil-airport","tag-jacksonville","tag-jacksonville-daily-record","tag-jacksonville-headlines","tag-jacksonville-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/205544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=205544"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/205544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/205545"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=205544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=205544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=205544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}