In June, the U.S. Department of Commerce announced the investment of $2.1M to provide much needed infrastructure for the Shenandoah Valley Regional Airport (SHD). This award was the result of application by the Shenandoah Valley Regional Airport Commission with extensive coordination, research, and assistance from the CSPDC.
The Department’s award through the EDA is to match a planned investment of nearly $3 million by the Airport Commission to construct corporate aircraft hangars, office and aviation flex space in the Shenandoah Valley Aviation Technology Park. Together the EDA and Airport Commission investment will result in approximately 25,000 square feet of new hangar and office space and create up to 75 high-paying jobs in the aviation technology and aviation maintenance sector.