Timeline...

A timeline for the development of the Pickering Air Park...

The dates and events listed below are approximate, and will depend on political, supplier and natural forces, but this is what to expect with our current push for a "fast as possible" build-out.
 

  1) October 2011: Registration of Limited Partnership, bank account, volunteer officers agreed to as General Partners (GPs).
  2) December 1st 2011: Call For Partners. Deposit required $5,000 (Canadian dollars). Airpark position assigned on a first-come, first-served basis.
  3) January – February 2012: Draft Partnership agreement circulated for review.
  4) January – April 2012: Negotiate Lease for Pickering lands and agreements with other parties interested in developing aviation infrastructure on the Pickering lands.
  5) If Lease deal is struck (400 acres), then proceed with Pickering. If no Lease, deal then proceed with private land option (200 acres) purchase or Lease.
  6) April – August 2012: Environmental study.
  7) April 2012: Land survey starts.
  8) April 2012: First cash call, estimated to be up to 10% per Limited Partner, as required for environmental and survey work, and final legal documents.
  9) August 2012: Break ground.
10) August 2012: Second cash call. This is to be decided, but is expected to be 45% - earth moving costs, hangar steel ordered, etc.
11) April 2013: Last cash call up to total of commitment.
12) April 2013: Paving, flight centre, full-build out starts in earnest.
13) August 2013: Initial base opening.
14) August 2014: Phase I complete.
15) September 2014: New General Partner elections.