Long-Term Ground Lease for Hangar Condominiums at PGD
Charlotte County Airport AuthorityAirport Authority · Punta Gorda, FL- Disclosed value
- $80,150.40 annually for initial five-year term, less $20,000.00 annual rent credit
- From agendapacket
- Document date
- Jun 18, 2026
The 30-second brief
The Authority is set to approve a 30-year ground lease with The Caves at PGD, LLC for 3.68 acres to build a six‑unit aircraft hangar condominium complex at $80,150.40 per year, less a $20,000 annual rent credit for required infrastructure. The lease includes three five‑year renewal options and five‑year rent adjustments based on CPI or fair market value.
The Caves at Pgd LLC holds this facilities contract with Charlotte County Airport Authority.
Term as filed: Initial 30-year term commencing July 1, 2026, with three additional 5-year renewal options.
See who decides the next one before it's bid.
Get pre-RFPs freeFree account · 30-second setup · No credit card
Contract details
- Contract type
- Facilities
- Amount
- $80,150.40 annually for initial five-year term, less $20,000.00 annual rent credit
- Document date
- June 18, 2026
- Term
- Initial 30-year term commencing July 1, 2026, with three additional 5-year renewal options
- Vendor
- The Caves at Pgd LLC
- Source document
- Charlotte County Airport Authority AgendaPacket 2026-06-18 (AgendaPacket)
More Charlotte County Airport Authority contracts
Questions about this contract
Who was awarded the facilities contract by Charlotte County Airport Authority?
The Caves at Pgd LLC was awarded this facilities contract by Charlotte County Airport Authority, as recorded on June 18, 2026. The contract value is $80,150.40 annually for initial five-year term, less $20,000.00 annual rent credit.
How much is the The Caves at Pgd LLC contract with Charlotte County Airport Authority worth?
The The Caves at Pgd LLC contract with Charlotte County Airport Authority is valued at $80,150.40 annually for initial five-year term, less $20,000.00 annual rent credit, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Charlotte County Airport Authority AgendaPacket 2026-06-18 (AgendaPacket), dated June 18, 2026 from Charlotte County Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 1 more question
What is Charlotte County Airport Authority currently buying?
Explore Charlotte County Airport Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
