7
Feb
McKinney airport, city buy large acreage to expand hub
The city of McKinney and the McKinney National Airport have acquired about 190 acres of land at the southeast side of the city-based airport, with plans to buy additional tracts in the next five years to add to growing operations.
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…
Source: Arizona Business Journal
