Google executives set to break ground on $82 million private air terminal next month

Builders will start work in February and wind up construction by the end of 2015, according to a report from CNBC. Word of the project, which is also expected to service the private jets of other Silicon Valley luminaries, first surfaced early last year.

The facility will reportedly contain 270,000 square feet of hangar space and be capable of servicing aircraft at least as large as a Boeing 737. When complete, five of the terminal's seven wings are expected to be dedicated to Google.

Page, Brin, and Schmidt — who will finance the project with their own money —  tapped renowned architecture firm Gensler to design the buildings. Gensler is also responsible for, among other projects, Seoul's Incheon International Airport, Denver International Airport, and Los Angeles's new Farmers Field football stadium.

Fixed-base operator Signature Flight Support will run the terminal, which is expected to bring nearly $3.5 million per year to the city of San Jose in the form of rent and tax revenue. When complete, the terminal will be one of the largest private air facilities in the world.

The Googlers' fleet is currently based out of NASA's Moffett Field, but the lease —  which ends next year —  has often been the subject of intense debate, and is expected not to be renewed.