Shenandoah Valley Aviation Technology Park Hangars Near Completion

Construction of the first two corporate hangars in the Shenandoah Valley Regional Airport’s (SHD) Aviation Technology Park is nearly complete. Occupancy is expected in July. SHD was awarded funds through a USDA Rural Development loan and a $2 million Economic Development Administration matching grant to construct the two hangars and associated office space. Each hangar is 14,000 square feet. Related improvements included road and taxiway access, parking, and site work. The project is anticipated to generate 50-75 high-paying jobs.

SHD also was awarded funding through GO Virginia to further develop the Aviation Technology Park. To construct future hangars, sewer and water utilities need to be relocated from the middle of the 58-acre site to its perimeter. GO Virginia previously funded the design and engineering of the utility project and is now supporting its construction phase. The Aviation Technology Park is expected to be a regional employment hub with a concentration of aviation-related businesses. The CSPDC provided technical assistance with the grant applications and is providing grant administration services. The Airport Commission includes representatives from the counties of Augusta and Rockingham and the cities of Staunton, Waynesboro, and Harrisonburg.

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