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Real Estate & Property Law
: National Eminent Domain BlogChesterfield,Virginia Airport Expansion
By Alan Ackerman
As with so many other communities, Chesterfield, Virginia is seeking to expand its airport. Making the process easier is a recognition that the Federal Aviation Administration pays for the excess costs. However, communities that want to increase their commercial viability look to airport expansions as a major source for relief.
The Chesterfield Airport hopes to get county board approval on Dec. 15 to extend its runway 800 feet so corporate aircraft can take off and land with more passengers and fuel on board. The $13 million project would extend the runway to 6,300 feet and include additional taxiway and improvements. Most of the funding will come from the Federal Aviation Administration and some state monies; only $250,000 will come from Chesterfield coffers.
Full post as published by National Eminent Domain Blog on December 09, 2010 (boomark / email).
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