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Location: Statesville Regional Airport

Project Overview

The South Corporate Development Project will prepare new space for aviation growth at the Statesville Regional Airport. Work includes grading to create pad-ready sites for future hangar construction and building one speculative hangar available for lease. This project is designed to expand the airport’s capacity for hangar development and strengthen its role as a regional hub for aviation.

Key Features

• The project will create pad-ready sites for five to six future hangars.
• It will include the construction of one speculative hangar for lease.

Project Timeline & Investment

• Anticipated Start Date: November 2025
• Anticipated Completion: June 2026
• Estimated Cost: $9,500,000

Project Phases

• Phase One: Grading
• Phase Two: Utilities
• Phase Three: Taxi lane
• The first bid was rejected by City Council, and the project will be re-bid in September 2025.

Funding Sources

This project is funded through Transportation Reserve Directed Funds.

Why This Project Matters

The South Corporate Development Project will expand opportunities for aviation businesses at the Statesville Regional Airport. By creating pad-ready sites and constructing a speculative hangar, this project ensures the airport remains competitive, supports economic development, and positions Statesville as a leader in aviation growth across the region.