Greensboro Considering $2.5 Million For PTI

Piedmont Triad International Airport may get a financial boost from the City of Greensboro. A city council committee discussed the funding at its meeting on Tuesday.

The council is considering investing $2.5 million in development and site readiness at PTI.

It passed a resolution in March authorizing the money, contingent on other local and regional governments pitching in. So far, no additional financial commitments have been made.

The News & Record of Greensboro reports representatives from PTI made a presentation at Tuesday's meeting. They pointed to the expected completion of adjacent areas of Interstate 73 as a prime opportunity for expansion. They also detailed the economic impact of the airport.

The city council now seems poised to invest the money without other government partners on board.

Approval will be up for discussion at the next council meeting on Tuesday.