Great Falls Airport Authority plans construction of communal space for businesses
On Tuesday, the Great Falls Planning Advisory Board approved a request by the Great Falls International Airport to use Tax Increment Financing funds for a new project on property already owned by the airport. The buildings will sit on 300 acres of land north of the I-15 corridor near the airport and west of the Cascade County Detention Center.
The airport will use $110,000 in TIF funds and about $650,000 from a city bond. Airport Director John Faulkner explained that the main purpose of the project is to provide a shared space for multiple businesses. He said that the space can accommodate up to 26 units, and the Airport Authority, in conjunction with Dick Anderson Construction, plans to build up to three buildings over the next 10 years.
By: Matt Holzapfel