Friday, February 26, 2016

Tri-Cities Regional Airport (KTRI) asking local cities for money

The Tri-Cities Regional Airport Authority is asking cities and counties to help pay for airfield site preparation to bring in economic development.

They are asking for the $2 million the FAA has in grant money, but has not been approved yet.

The grading cost for the south-side airfield is $15 million for 120 acres, but only 20 acres is ready to be built on now.

The new aerospace park would have ready site-pads, in hopes of bringing potential jobs to the area.

"The opportunity is before us now. As it was, we are looking at a probably 10 year process at least, and my fear is that opportunity would be lost in 10 years, so I would like to compress that time frame if we could," Airport Authority Commissioner David Tomita said.

According to Tomita, if the money isn't approved, the Airport Authority would wait for the next business cycle.

Original article can be found here:

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