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Developer Chats Up Airport with Chamber

June 10, 2010

A private airport outside Elgin could fill an important niche in Central Texas aviation while giving the county and EISD an important tax base, according to a developer who spoke the Elgin Chamber of Commerce last Thursday. James Carpenter, president of Carpenter & Associates, said an airport here could serve corporate and private airplanes that the infrastructure at Austin-Bergstrom Airport cannot properly serve; Bergstrom is really designed for major passenger planes and cargo, not private enterprise. Given Central Texas’ growth, events like Austin City Limits and South by Southwest dro?ve a great deal of private air traffic from Bergstrom to airports in San Marcos and Georgetown; given proper planning, a private airport in the Elgin area could help fill that overflow.

“The world is changing, and I think the future of how economies are crafted will be based on transportation,” Carpenter said. “This is much larger than building a runway. We’re after a tax base, new businesses and bringing money to Bastrop County.”

Carpenter also provided some third party figures to the Chamber. He said an airport could generate 43,000 new jobs and $8.3 billion in annual spending in Bastrop County, and could be completed in between seven to …

Posted by Stephen Carpenter at 02:26 PM | Leave a comment
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Central Texas Airport Welcomes Formula One to Austin

May 25, 2010

Formula One returns to the United States

Formula One World Championship Limited and Formula One Administration Limited (together, the F1 Commercial Rights Holder) and Full Throttle Productions, LP, promoter of the Formula 1 United States Grand Prix™, announce that a historic agreement has been reached for Austin, Texas to serve as the host city of the Formula 1 United States Grand Prix™ for years 2012 through 2021.

“We are extremely honoured and proud to reach an agreement with the F1 Commercial Rights Holder. We have been diligently working together for several years to bring this great event to Austin, the State of Texas and back to the United States. All parties involved have a great amount of trust and confidence in each other and are committed to establishing the Formula 1 United States Grand Prix™ in Austin, Texas as a prestigious global event,” stated Tavo Hellmund, Managing Partner of Full Throttle Productions, LP.

Bernie Ecclestone, President and CEO of the Formula One Group stated: “For the first time in the history of Formula One in the United States, a world-class facility will be purpose-built to host the event. It was thirty years ago that the Formula 1 United States …

Posted by Stephen Carpenter at 02:47 PM | Leave a comment
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Central Texas Airport waits for County’s OK

May 19, 2010

Plans for the Central Texas Airport in Bastrop County are proceeding, according to Pct. 4 Commissioner Lee Dildy and developer Jim Carpenter.

“We are hopeful that the airport project will be on the Bastrop County Commissioners Court agenda May 24. If it is and they give their approval, we can accelerate this project. “We have resolved a lot of the issues with our project and we need to move on,” Carpenter said.

Dildy reported that Carpenter and his associates had agreed to all of the nine non-negotiable items the County Court had requested.

“The County has done what needs to be done in our efforts to promote economic development for the entire County. The items we requested were to protect the County’s citizens, not to hinder the project.

“We are not obligating our taxpayers in any way; the airport and its businesses must create taxes and then the company will get a portion of the revenue,” said Dildy.

Carpenter stated that his associates have contacted a number of industrial businesses in their recruitment phase.

“We have had great response from the businesses and we’re just waiting for the next step,” said Carpenter.

Just over a year ago, Jim Carpenter …

Posted by Stephen Carpenter at 03:08 PM | Leave a comment
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