Bulldozers are already on site, and demolition work has commenced on the 29-acre project, a major portion of which has been leased to a company that manages the private aircraft of top Google Inc.executives. But the largely ceremonial event will serve to “personally thank everyone who’s been a part of this process over the last year,” said Maria Sastre, Signature’s president and chief operating officer.
“It’s been a long and winding road, but we certainly have arrived at the right place,” she said.
The event announcement comes a week after San Jose planning commissioners rejected an appeal brought by the airport’s existing fixed-base operator, Atlantic Aviation. Atlantic called the city’s approval process flawed, inadequate and rushed. The company has also initiated litigation challenging the city’s environmental clearance of the project.
And it follows news that the federal government has selected Google Inc. to lease Moffett Federal Airfield. Google is a separate entity from Blue City Holdings, the Google execs’ aircraft management company that has struck a deal with Signature for the SJC site. But some still wondered in the wake of the Moffett news if Blue City would remain on board with the San Jose project.
“It has no impact whatsoever,” Sastre told me. “In fact, the BCH folks have been as anxious as we have been to get construction started.”
The construction timeline is 18-24 months, she said. Sastre said that other tenants are also lining up to reserve space at the project, which will include 270,000 square feet of hangar space. At least one other tenant has signed, though she declined to identify the company.