Prime real estate in Coeur d’Alene leased out for the next five to ten years at $7,000 per year, pending approval by General Service Committee on March 13th and city council approval. The rate will adjust for inflation. The city of Coeur d’Alene Parks Department director Bill Greenwood negotiated the lease with the tenant DBA Brooke’s Seaplane. The tourist flight attraction is already receiving seven to ten calls each day but will not open until the weather improves. Generally six months of the year allow for flights which attract locals and tourists.
The owner reports offering ten to twelve flights per day, seven days a week. The capacity of the Beech 18 plane is six passengers. 420 passengers per week at a minimum of $150 per person per flight. At 100% occupancy, monthly revenue would reach near $300,000.
Concerned parties question whether the city has appropriately leased the dock space. We will update as we hear back from the mayor and council members.
Contact Brooke’s Seaplane to make your reservation for a flight over beautiful Coeur d’Alene.
