A new study commissioned by the Tweed-New Haven Regional Airport Authority projects that the planned expansion of the airport will generate some 2,400 jobs by the end of the decade. The report, prepared by UConn’s Center for Economic Analysis, also forecasts $100 million in construction impacts by 2030, and $444 million in total economic impact to the state by 2027. The expansion, first announced in 2021, includes lengthening the runway from 5,600 to 6,575 feet, constructing a new terminal building and increasing parking capacity. The release of the economic impact study comes as there continues to be significant opposition to the expansion plan from both environmental campaigners and local residents. “We’re looking at the creation of good jobs, renewed investments in our neighborhoods, and long-term, sustainable growth across the region,” said Robert Reed, chairman of the Tweed-New Haven Airport Authority.
https://www.hartfordbusiness.com/article/study-expansion-of-tweed-new-haven-airport-will-have-444m-economic-impact-by-2027