GRAND RAPIDS – Colorado-based Xjet Club for private jet owners won approval from the Kent County Aeronautics Board on May 30 to build a facility at the GeraldR.FordInternationalAirport this year.

Xjet founder and CEO Josh Stewart said the company hope to open its doors here by the end of December. He previously gave a rough estimate of about $10 million for the facility, which will include hangars, office space and a restaurant. Xjet will operate as a fixed-base operation (FBO), offering fuel, hangar and aircraft maintenance, but also offering its club members luxury amenities and discounts on some of the major recurring costs of private jet ownership such as fuel, insurance and flight training.

Xjet will be the third FBO at FordAirport, in addition to Rapid Air Service and Northern Air. This will be the club’s second facility: the first is scheduled to open in June at CentennialAirport near Denver. Stewart said there are about 50 private jet owners in the Grand Rapids area, enough to make the club feasible here. Annual membership fees here have not been revealed but reportedly are as much as $100,000 at the Centennial Airport Xjet Club.