Bill Stenger, a developer in the Northeast Kingdom, unveiled plans for a 10,000-square-foot airline terminal, warehouse and flight design assembly facility at the Newport State Airport in Coventry last week.
The $20 million facility is a key part of Stenger’s master plan for more than $600 million worth of developments in the region, including a Renaissance office building in downtown Newport, a $300 million expansion of Jay Peak ski resort, a $110 million biotech plant in Newport and a $198 million overhaul of Q Burke ski resort in East Burke.
“As we look at the economic development of the region and the expansion of Jay Peak, and the improvement and development of the area, this airport becomes an increasingly important part of the economic development of our region,” Stenger told local officials last Thursday.
About 1 million people visit Jay Peak annually, Stenger said, and the resort will make the expanded airport “an important part of our push to invite people to come here by private aviation and, ultimately, we hope, by commercial aviation."
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