Release Date: September 17,2020
Akron Executive Airport Receives Federal Aviation Administration (FAA) Grant
Grant will cover 100% of construction cost for runway rehab project
Akron, Ohio, Sept. 17, 2020 —The City of Akron is the recipient of a significant FAA grant to enhance safety and infrastructure at the Akron-Fulton Airport, recently rebranded as the Akron Executive Airport.
The typical funding for an FAA grant is 90% FAA, 5% Ohio Department of Transportation (ODOT), and 5% Local. As part of the CARES Act, any FAA 2020 grant was increased to 100% FAA funding.
“We are fortunate that we are able to take advantage of the increased funding available from the FAA in 2020,” said Akron Mayor Dan Horrigan. “The grant will now fully subsidize this runway rehabilitation project, which will make room for future economic development on site.”
The grant will be used to fund the Akron Fulton Airport Runway 7-25 Rehab project. The project consists of resurfacing Runway 7-25, replacing runway lighting with medium intensity LED lights, replacing signage, and decommissioning the crosswind Runway 1-19. Runway 7-25 is 6,337 feet long and 150 feet wide. The decommissioning of Runway 1-19 will take place by decoupling it from the main Runway 7-25 by removing pavement within the safety area. The decommissioning of Runway 1-19 will allow for future development on the north and south parts of the airport.
“The airport is an important hub of economic activity for Akron and the region,” Mayor Horrigan continued. “We look forward to capitalizing on this airport improvement project, and using it to catalyze future job creation and business innovation in the region.”
Project construction, estimated at $3.2 million, is scheduled to take place next Spring.