Enginuity ATLAS — VNY 16425 Hart Street

Concept A · High Revenue

A

Full Private Jet Campus

Complete redevelopment as premium private jet facility. Full tenant displacement. Large-cabin jet parking (Gulfstream G650, Global 7500 class). Private terminal building, VIP lounge, ground support. Maximizes LAWA lease revenue. Attracts Signature/Atlantic-class operators.

🔴 FAA Part 13/16 risk

🔴 SW Aviation litigation

🔴 CEQA / Noise EIR

🟡 Specific plan ambiguity

🟢 Highest revenue

Revenue / Lease

9.2

FAA Compliance

3.2

Community Impact

1.8

Phasing Flexibility

4.0

Long-Range Resilience

4.5

Weighted Score

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Concept B · Balanced

B

Hybrid Aviation Campus

Mixed-use aviation campus retaining a designated propeller/light aircraft zone alongside mid-cabin jet operations. Addresses FAA Part 13/16 equal access requirements. Negotiated relocation of Southwest Aviation to smaller designated area. Reduced noise vs. full-jet. Satisfies more stakeholders.

🟢 FAA Part 13/16 compliant

🟡 SW Aviation negotiation

🟡 Mixed ops complexity

🟢 Community defensible

🟡 Lower revenue/acre

Revenue / Lease

6.2

FAA Compliance

8.5

Community Impact

7.2

Phasing Flexibility

8.0

Long-Range Resilience

7.8

Weighted Score

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Concept C · Future-Forward

C

Sustainable Aviation + eVTOL Hub

Position VNY 16425 Hart as LA's premier sustainable aviation campus. SAF (Sustainable Aviation Fuel) infrastructure, electric/hybrid aircraft charging, eVTOL vertiport pad (Joby, Archer, Wisk class). Partners: aircraft OEMs, NASA UAM. Addresses community noise concerns directly. Aligns with LAWA sustainability mandates and Mayor Bass climate commitments.

🟢 Community champion story

🟢 LAWA sustainability goals

🟡 eVTOL timing uncertainty

🟡 Lower near-term revenue

🟢 Federal grant eligible

Revenue / Lease

5.2

FAA Compliance

9.0

Community Impact

8.8

Phasing Flexibility

7.5

Long-Range Resilience

9.2

Weighted Score

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Concept D · Operational

D

Charter + MRO Operations Campus

Non-FBO charter operations hub with Maintenance, Repair & Overhaul (MRO) capabilities. Attracts aircraft management companies, Part 135 charter operators, avionics shops. MRO generates steady, recession-resistant revenue. Daytime-dominant operations reduce noise impact vs. 24hr private jet terminal. Compliant with non-FBO mandate.

🟢 Non-FBO compliant

🟡 MRO demand uncertain

🟡 FAA Part 145 certification

🟢 Daytime ops = less noise

🟡 Mid-tier revenue

Revenue / Lease

6.8

FAA Compliance

8.2

Community Impact

6.5

Phasing Flexibility

7.0

Long-Range Resilience

6.8

Weighted Score

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Van Nuys Airport4 Development Concepts · Scored

Van Nuys Airport
4 Development Concepts · Scored