SpaceX Signs Five-Year Lease at Port Canaveral

Dave Berman, for Florida Today:

The commercial space company has occupied the 53,360-square-foot former SpaceHab building on the north side of the port since August, under a month-to-month lease, and has been renovating the facility, located at 620 Magellan Road.

Now, with the signed lease agreement, β€œthey can forge ahead” with their plans, Port Canaveral Chief Executive Officer John Murray said.

The company also plans to build an adjacent 44,000-square-foot hangar on the 4-acre parcel.

Canaveral Port Authority commissioners are scheduled to vote Wednesday on the lease, which will take effect April 1.

We first heard about SpaceX taking over the old SpaceHab buildings back in August, so I guess the building will suit their needs.

SpaceX will be building out quite a bit of real estate on the Cape, as documented in their recent LZ-1 expansion plans.