Meacham Airport could add to its available hangar space and increase revenue with the planned closure of one of its four runways.
The runway, which has been closed for about a year because of the poor condition of the pavement, will add about 27 acres of available land for the development of about 650,000 square-feet of potential hangar capacity, said Jeff Kloska, the manager of the airport.
That space could house an additional 150 aircraft, Kloska said, which could generate $840,000 in additional revenue each year. Meacham currently has over 1.5 million square feet of hangar space.
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The additional hangar space could also generate between 200 and 400 jobs, depending on the type of businesses that lease the space, Kloska said. Construction of the new hangar space would take between five and seven years.
“There is no money to fix it. The way it lays now is dangerous,” said Alex Jimenez, a board member, who made the motion to close and redevelop the runway.
Not a primary runway when it was open, runway 9/27 only handled about 0.5 percent of the airport’s total traffic, Kloska said. To reconstruct it would cost about $5 million, and requests for funding from the Texas Department of Transportation and the Federal Aviation Administration have been denied.
“Meacham does have a shortage of land for development,” Kloska said, adding that the wait time for enclosed hangar space at the airport is longer than five years, with about 30 people currently on the wait list.
“We receive calls on a regular basis from citizens and companies with planes wanting to relocate and build new facilities at Meacham Airport.”
The issue will come to the Fort Worth City Council at the Feb. 17 council meeting.
Caty Hirst, 817-390-7984