Craven County is seeking more than $1 million for the development of commercial aerospace at Coastal Carolina Regional Airport (EWN) [1][2]. This move comes as the county aims to offset a local shortage of land readily available for new business and industrial ventures[1].
Aerospace Development Overview
Craven County will apply for more than $1,026,375 through its infrastructure development funds[2]. The grant requires a match, which is being provided by the Coastal Carolina Regional Airport Authority[2]. Economic Development Director Jeff Wood has been working with the airport authority to obtain funds to build out the commercial aerospace development area of the airport, which totals 115 acres currently owned by Craven County[2]. All finances for the airport authority are managed by the county’s finance department[2].
Benefits and Key Features
The investment in aerospace development will provide much-needed industrial space and green space for development, assisting the county in catering to one of its target industries: aerospace[1]. The airport has been an economic staple, supplying 2,400 jobs for people in the area and generating about $27 billion overall in tax revenue[3]. The airport is also undergoing a major terminal expansion project to strengthen its long-term appeal and functionality for airlines and passengers alike[4].
Practical Tips and Expert Recommendations
The airport’s master plan includes a runway expansion project, which will allow larger planes to utilize EWN and continue to serve the travel needs of the local community and visitors[5]. The timing of these improvements will be coordinated with the Federal Aviation Administration (FAA) and incorporated into the airport’s local Capital Improvement Programs (CIP) [6].
FAQ Section
Q: What is the purpose of the aerospace development at Coastal Carolina Regional Airport?
A: The aerospace development aims to provide much-needed industrial space and green space for development, assisting the county in catering to one of its target industries: aerospace[1].
Q: How much funding is being sought for the aerospace development?
A: Craven County will apply for more than $1,026,375 through their infrastructure development funds[2].
Q: What is the size of the commercial aerospace development area at the airport?
A: The commercial aerospace development area of the airport totals 115 acres currently owned by Craven County[2].
Q: What are some other ongoing projects at Coastal Carolina Regional Airport?
A: The airport is undergoing a major terminal expansion project to strengthen its long-term appeal and functionality for airlines and passengers alike[4]. Additionally, the airport’s master plan includes a runway expansion project[5].
Q: How will the aerospace development impact the local economy?
A: The airport has been an economic staple, supplying 2,400 jobs for people in the area and generating about $27 billion overall in tax revenue[3]. The aerospace development is expected to further contribute to the local economy by providing industrial space for one of the county’s target industries[1].
Citations: [1] https://newbernnow.com/2023/06/county-will-seek-more-that-1-million-for-aerospace-development-at-coastal-carolina-regional-airport.html?utm_content=topic%2Finnerbanks&utm_source=flipboard [2] https://newbernnow.com/2023/06/county-will-seek-more-that-1-million-for-aerospace-development-at-coastal-carolina-regional-airport.html [3] https://www.wnct.com/local-news/new-bern/coastal-carolina-regional-airport-breaks-ground-on-expansion/ [4] https://www.wnct.com/local-news/new-bern/coastal-carolina-regional-airport-begins-major-terminal-expansion/ [5] https://airportimprovement.com/news/major-transformational-upgrades-continue-coastal-carolina-regional-airport [6] https://www.flyewn.com/business/master-plan/
By Perplexity at https://www.perplexity.ai/search/fa231312-23d2-47f9-9944-316008ffbeb4
