Rise Aviation, formerly known as Lake Texoma Jet Center, has broken ground on its new terminal at North Texas Regional Airport (KGYI) just 60 miles north of Dallas. It is the sole FBO at the airport.
To accommodate the $3.7 million project, the company negotiated with the Grayson County Regional Mobility Authority to expand its leasehold by 1.4 acres. The new 10,800-sq-ft, two-story terminal will include a spacious passenger lobby, pilot lounge with snooze room, shower facilities, and flight-planning and vending areas. It will also offer a 12-seat conference room, observation deck overlooking the runway, tenant office space, and the airport’s administrative offices. The terminal is slated for completion in the first quarter of 2022.
The former 4,500-sq-ft 1950s-era terminal, which has been modified many times over the years, will be retained for tenant use. The FBO complex also includes approximately 68,000 sq ft of hangar space that can accommodate aircraft up to the size of a Gulfstream V, as well as seven acres of ramp space.
“As the North Texas area continues to grow, many businesses and investors who come to Grayson County with thoughts about relocating, building, or investing here will arrive in a business aircraft,” said FBO owner George Shuler. “We are pleased that Rise Aviation’s new facility will be Grayson County’s front door to the world.”