City anticipates continued growth in aviation/aerospace niche
The City of Colleyville in recent years has seen an influx of professionals in the industries of medical, finance, insurance and real estate. But a new three-story, 13,263-square-foot building that went up this summer a stone's throw from City Hall represents a relatively new industry making a foothold in the community: aviation.
"We have a lot of pilots and airline employees and DFW International [Airport] employees who live in and around our city so it shouldn't come as a surprise that this niche has now risen to the surface, but we're really excited about it," Colleyville Economic Development Director Marty Wieder said.
Plans for Aviation Place were announced last spring after Colleyville resident Jack Prewitt decided to relocate the headquarters of his corporate aircraft sales and acquisitions company closer to home.
Jack Prewitt & Associates Inc. will take over the third floor of the new building, expected to open before the end of the year, and the remainder of the space has been leased by a handful of businesses relocating from Southlake and Bedford, including Corporate Aviation Analysis & Planning, Dallas Jet International, Helicopter Exchange Limited and Aircraft Transaction Facilitators, all of whom collaborate with Prewitt and his team.
