Atlantic Aviation will make $40 million in improvements at its FBO at Florida’s Boca Raton Airport (KBCT) as part of a 40-year lease renewal it recently inked with the airport authority. Under the agreement announced Thursday, Atlantic Aviation will upgrade, enhance, and expand existing airport infrastructure at the location over the next seven years.

Planned upgrades to its 41-acre Boca Raton campus include building an additional 52,000 sq ft of hangar space and 12,000 sq ft of new shop/office space; repaving some 710,000 sq ft of existing ramp space and expanding that by another 50,000 sq ft; renovation of the executive terminal; and construction of a new 90,000-gallon fuel farm. These projects will boost Atlantic’s existing ramp and hangar capacity at Boca Raton, it said, especially in light of traffic at the FBO more than tripling since the beginning of the pandemic.

“Atlantic Aviation is committed to Boca Raton for the long haul and we’re proud to be participating in the city’s efforts to stimulate further economic development and attract new business,” said Atlantic Aviation COO Tim Bannon. “Our continued presence, coupled with these new facilities, will provide best-in-class service to visitors and everyone who proudly calls Boca Raton home.”