Growth Resources, Assets, Safety, & Stability (GRASS) — an opportunity zone fund focused on applying cutting-edge technology to complex compliance processes, has acquired Tiger Field Airport (N58). Tiger Field was a public use airport owned by the U.S. Bureau of Land Management located south of the city of Fernley.
GRASS plans to develop the airfield by improving the current facilities, building modern aircraft hangars, and developing a drone center.
The new owner’s first step was renaming the airport to SAMSARG Field. The airfield is named after SAMSARG, Inc., which provides security systems for hangars for transport and cargo aircraft.
Company officials note that SAMSARG is “strategically located near opportunity zones, which offer tax deferrals on capital gains taxes.”
The company offers new construction of aircraft hangars adjacent to SAMSARG military (Department of Defense compliant) facilities within an Opportunity Zone. These hangars “are designed to attract corporate and wealthy clients,” company officials noted.
I’ve spent time in all those surrounding towns. Long drive from Vegas. It will be interesting to see who fills up the hangars.
This is good news for the community, and good news for pilots. This is a rundown, essentially abandoned field in a tiny town between Yerington and Reno. The runway is so deteriorated that it would be safer to land on the road next to it than the airport itself. The local radio controlled airplane club has been using it for some time, but it hasn’t had GA activity for years. Let’s hope some of those “rich people” take advantage of the opportunity and put this field back together.
I kinda like the grass roots airport myself.
“designed to attract corporate and wealthy clients” = Opportunity Zone for the rich.
…and all those who benefit from the jobs and investments they provide.
Oh ya, samsarg is a lot better name then Tiger field
It is when you get the money to make it happen from SMASARG.