Redmond Airport to expand terminal creating 383 construction jobs and boosting economy

In a bustling meeting room filled with local leaders and stakeholders, the Bend Economic Development Advisory Board gathered to discuss the future of the region's airport and its economic impact. The atmosphere was charged with anticipation as officials outlined ambitious plans for expansion and growth, emphasizing the airport's critical role in the local economy.

The airport, a vital hub for both residents and tourists, generates significant revenue through commercial traffic. Officials highlighted that approximately 80% of the airport's income comes from commercial activities, including parking fees, dining, and retail. Every transaction at the airport contributes to its self-sustainability, ensuring that funds remain within the airport's operations rather than being diverted to the city.

With a projected $100 million in spending this year, the airport is not only maintaining its current operations but also investing in future growth. A notable portion of this budget, around $8 million, is earmarked for paying off the new terminal, which is set to enhance the airport's capacity and services. The current terminal, built in 2009, has seen a staggering 250% increase in passenger volume since its expansion, underscoring the need for further development.

The meeting also revealed that the airport is on track to become the third largest commercial airport in Oregon, surpassing Medford and closing in on Eugene. With 13 nonstop destinations and five airlines, the airport is actively working to expand its reach, targeting new routes to cities like Chicago and Minneapolis. This growth is crucial, as officials noted that 40% of airport traffic comes from non-residents, highlighting its importance to regional tourism.

As the meeting progressed, discussions turned to the upcoming terminal expansion, which is expected to create 383 full-time jobs during construction and generate an estimated $65 million in economic impact. Long-term projections suggest that the expansion will lead to 207 permanent jobs and an annual economic boost of $39 million.

The airport's leadership remains optimistic about the future, with plans to attract more airlines and enhance service offerings. As they navigate the challenges of post-COVID recovery, the airport's commitment to growth and community engagement remains steadfast, promising a bright future for both the airport and the Bend region.