McKinney airport, city buy acreage for $22M cashMcKinney airport, city buy acreage for $22M cashhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=190992018-02-09T06:00:00Z2018-02-10T00:30:00Z

​​McKinney National Airport​McKINNEY – The City of McKinney and the McKinney National Ai​rport have acquired about 190 acres of land at the southeast side of the city-based airport.

The 190-acre tract is being acquired for $22.3 million in cash.

McKinney's city council amended its annual budget and used its capital improvement program to fund the deal.

This acquisition fits into McKinney's long-term growth strategy to expand the 775-acre airport property by up to 500 acres in coming years to provide for the airport's expected growth.

The airport is estimated to generate more than $44 million each year in economic impacts to the city.​​

Dallas Business Journal
Dallas-Fort Worth-Arlington
Infrastructure & Transportation
https://www.bizjournals.com/dallas/news/2018/02/07/mckinney-airport-city-buys-large-acreage-to-expand.htmlRead the full article at the {Source}

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