The real estate market is tough everywhere but while airpark sales are feeling the crunch, lots are still selling in projects like Big South Fork Airpark in Tennessee. In a podcast interview with AVweb, Bill Armstrong, one of the partners in the project, says sales have dropped but the developers are convinced that luxury “second home” developments will rebound with the rest of the economy. In the meantime, they’re offering unprecedented deals to attract customers and increase the curb appeal of their project. For instance, a “show special” at Sun ‘n Fun includes a free T-hangar at the well-equipped airport that forms the eastern boundary of the development.
The airpark boasts a 5,500-foot runway with a GPS approach. There’s an FBO on the field and both avgas and jet fuel are available. Armstrong said the field is home to everything from a Velocity to a King Air and will easily handle business jets. In addition to the aviation amenities, the airpark has equestrian facilities and riding trails throughout. Some of the lots are on a taxiway to the runway and the rest of the one- to three-acre properties are accessibly by roads in the rolling property.
