AFCO – Construction Begins Branson Airport
AFCO was the developer for the first privately funded and operated for-profit commercial airport in the United States in Branson, Missouri. Branson Airport LLC, in which AFCO has a minority ownership and sits on the board of Branson Airport LLC, closed on the financing for the new airport on June 28, 2007.
The project was funded with private equity and $114 million in 30-year tax-exempt revenue bonds underwritten by Citigroup. In its role as developer, AFCO was responsible for overseeing the design and construction of the project. The new airport initially includes a 45,000 square-foot terminal facility geared towards low-cost airlines, a 7,140 foot runway that can ultimately be extended to 9,000 feet, an airport access road, fuel storage facilities and rental car and passenger parking facilities.
Construction of the airport began in July 2007 and was completed in May 2009. Burns & McDonnell designed the airport and McAninch Corporation of Des Moines, Iowa was the contractor for the project.
Please contact Chuck Stipancic at 703-902-1187 or email@example.com for information.
AFCO is a recognized leader in the development, management and operation of airports and airport infrastructure. With broad capabilities and deep experience, AFCO provides an unparalleled level of service and value to its clients including airports, municipalities, commercial and cargo airlines, freight forwarders and a wide variety of other airport users.