We’re not talking about just any hangar or just any collector of stamps or porcelain ducks, but rather sophisticated bunkers for the luxury goods of high-net-worth individuals. Built from high-quality solid concrete with sloped panels, each hangar features a fully insulated shell, a roof, walls, and entry systems. The rolling doors are hurricane-proof and sealed, offering fortress-level security.
And that’s exactly what’s needed, since The Hangar project describes itself as A Private Garage Condominium. Located in West Palm Beach and open since last fall, The Hangar invites billionaires to store their luxury cars, musical instruments, or any other high-value items there. For the modest sum of $700 to $800 per square foot, future hangar owners purchase a fully customizable shell, featuring six-meter-high ceilings, with the option for a mezzanine and the possibility of creating a true luxury “man-cave” complete with a bar, a giant screen, a living room, and a bathroom—everything needed to spend a wonderful evening with friends while admiring their gleaming toys.
Sale prices range from one to seven million dollars. According to founder Scott Cunningham, interviewed by Abigail Hasebroock of the South Florida Sun Sentinel: “The hangar clients are billionaires, famous athletes, and self-made millionaires. Everyone is ultra-wealthy.”
Another hangar of this type already exists in Riviera Beach, and the one that opened in the fall of 2025 is located at 1148 N Congress Avenue, very close to Palm Beach International Airport. According to Cunningham, it meets the demand of his very wealthy clients by ensuring optimal security and easy access from the airport. Surrounded by a wall over two meters high and monitored 24 hours a day, the complex spans 12 acres.
But it is above all its concierge services that are in high demand: what could be more chic than stepping straight off your private jet to be driven to your personal hangar, where you can choose the car you want to use this weekend? And why not invite your friends over for a party on the premises? The neighbors won’t be complaining about the noise, since there isn’t any.
The Hangar also offers a members-only club experience, as on-site amenities include an executive lounge, meeting rooms, golf simulators, and a rooftop terrace for carefully curated themed events and gatherings. Beyond the basic storage function, it’s therefore a networking opportunity for the wealthiest individuals centered around their most cherished hobbies and passions. As the website (www.thehangargroup.com) states,
“As an owner, you get more than just space; you get access…”
And clearly, it’s working: Cunningham is opening a new branch in the Hamptons and is looking for a location for another one in Miami. The ultra-luxury market is definitely thriving in Southeast Florida.
Translated with Deepl
