Google founders Larry Page, Sergey Brin and Eric Schmidt have won approval to build a private terminal at Mineta San Jose International Airport, and CNBC has learned that construction on the $82 million facility will start in February. It is expected to be completed by the end of 2015.
Signature Flight Support, a Florida-based company that manages corporate aircraft, will develop and operate the 29-acre terminal in partnership with Blue City Holdings, which handles the personal aircraft of Google’s principals.
Signature, which operates in 115 airports, said Google’s terminal is its biggest project so far. The jet center will have a 270,000-square-foot hangar—a major amount of space for a private entity within a commercial airport.
~ Mark Berniker, CNBC Silicon Valley Bureau Chief