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McKinney EDC asked to fund $22.4 million of $72 million East‑side airport project to enable commercial service

2134947 · January 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Airport officials presented a $72 million, scaled‑down East Side development at McKinney National Airport and asked the McKinney Economic Development Corporation for a $22.4 million grant to fund eligible parking and roadway work; staff seeks joint board/council action in March.

Ken Carley, airport director for McKinney National Airport, told the McKinney Economic Development Corporation board on Jan. 21 that airport staff are seeking local funding support for a scaled‑down East Side development intended to enable commercial airline service at the airport.

The project, as presented, is a roughly $72 million program of work concentrated on a 190‑acre parcel the city acquired in 2018. It would begin with infrastructure and a compact, 45,000‑square‑foot, ground‑loaded terminal with up to five parking positions (gates), apron and aircraft parking, an entrance loop and vehicle parking, and the first segment of a parallel taxiway to connect aeronautical uses on the east side to the runway/taxiway system.

"We are asking the MEDC for the $22,400,000 grant," Barry Shelton, assistant city manager, said during the presentation. Shelton and Carley said the McKinney Community Development Corporation (CDC) would seek a $30 million TIFIA loan for other eligible airport improvements, and the airport is pursuing FAA and…

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