Why Add Commercial Service Now?
The tremendous growth in the North Texas region fuels the timing of this planned expansion, and research demonstrates the Metroplex is projected to grow and can support more than two commercial airports.
The complete reports for the information presented above can be found by clicking these links CMT Market Analysis, 2022 InterVistas Economic Impact Study, or by visiting the Resource Page.
Similar-sized Markets
Major metropolitan areas throughout the country tend to have at least three large-to-small hub airports within a 100-mile radius. North Texas has only two. Learn more in the CMT Market Analysis, or by visiting the Resource Page.
Potential Economic Impact
If approved by the voters, funding for the project is proposed to come from several sources, including General Obligation bonds, federal grants, and low-interest federal transportation infrastructure loans.
Commercial service will not only offer convenience and connectivity to travelers but also increase the desirability of McKinney and Collin County for business growth and enhance the city’s ability to attract leisure and hospitality industries, benefitting even those who don’t travel by air.
2,780–3,280
new jobs to the region
$207–265M
in wages
$615–850M
in economic output
$77–115M
in taxes benefitting local, state, and federal governments
Read the full report regarding the benefits to the region by clicking this link to the 2022 InterVISTAS Economic Impact Study, or by visiting the Resource Page.
Frequently Asked Questions
Is McKinney adding commercial service to the McKinney National Airport?
The McKinney City Council has appointed committee members to consider a May 2023 bond election.
The proposed bonding authority would focus on improvements and projects at McKinney National Airport. One project that may be included is a new terminal building that would support commercial air service, which aligns with the airport’s 2012 master plan and the city’s strategic goals.
The committee will recommend whether a bond election should be called in May 2023.
How long has McKinney been planning to add commercial air service?
Commercial air service has been part of the McKinney National Airport’s master plan since 2012.
City leaders have spent a significant amount of time doing their due diligence to ensure commercial air service is both a viable option and in the best interest of the community.
Does the Dallas-Fort Worth area need another commercial airport?
How would this project be funded?
If approved by the voters, funding for the project is proposed to come from several sources, including General Obligation bonds, federal grants, and low-interest federal transportation infrastructure loans. As a result, the city does not anticipate an increase in the property tax rate.