McKinney | January 2025

Government

BY SHELBIE HAMILTON

$72M project adds commercial service

The cost

The project is expected to cost $72 million, which will cover the cost of constructing the terminal building and other supportive infrastruc- ture. Funds from the Texas Department of Trans- portation, the Federal Aviation Administration and the city’s Tax Increment Reinvestment Zone are expected to ll the $14.3 million funding gap.

tanks and other supportive infrastructure. The project also includes the addition of a new taxiway and a roundabout o of FM 546 that will provide access to the airport. City ocials are in negotiations with two airlines interested in bringing passenger service to McKinney, a city news release states. Initial plans include estimates of 200,000 passengers annually and an average of three daily departures. The terminal could see as many as 1 million passengers served annually by its fth year of operations.

McKinney’s airport will see the addition of a commercial passenger terminal. McKinney City Council members expressed support for a site plan for the planned expansion during a Jan. 7 work session meeting that was approved Jan. 14 by the McKinney Planning and Zoning Commission. The terminal will include three gates with the ability to expand to ve gates and ground- loading for passengers, the release states. Other planned features include a quick-service concessions stand, a rental car lot, fuel storage

Proposed funding sources

Transportation infrastructure federal loan: $30M McKinney Economic Development Corp.: $26M Funding gap: $14.3M McKinney Community Development Corp.: $1.7M

45,000 square-foot terminal

1,500 parking spots

6 aircraft parking positions

SOURCE: CITY OF MCKINNEYCOMMUNITY IMPACT

Looking ahead

Following the failure of a $200 million bond that would have contributed funding to the project, city ocials worked to rene the project plan prior to presenting it to council members. May 2023: $200 million bond election fails May 2023-2024: Program adjustments, and creation of new design May 2025: Construction begins Late 2026: Terminal opens

McKinney National Airport will soon see commercial passenger service with the addition of a $72 million terminal.

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