Company seeks to build commercial terminal at Paine Field

A private company wants to lease land at Paine Field to build a “small, state-of-the-art” air terminal and parking for commercial air service.

Propeller Investments, a private equity firm based in New York, wants to enter into negotiations with Snohomish County within 30 days.

“The proposed partnership would provide Snohomish County residents with better access to commercial air service, increase economic development in the area and take advantage of Paine Field’s aviation infrastructure and extensive aviation industrial base,” the company said in a news release.

Commercial air service at Paine Field has been controversial for years with people who live in the cities around the airport worried about noise, pollution and traffic. Mukilteo is leading a court challenge this week to a study that says commercial air service would not harm surrounding communities.

Propeller said Paine Field handles about 305 flights daily and is operating at 45 percent capacity.

The company envisions a two-gate operation that would add four to five flights a day, what it says is less than 1 percent of Paine Field’s current volume.

Propeller does not say whether it is working with any airlines at the moment.

The company envisions flights would be focused on regional destinations in the West, including cities like Portland, Spokane, San Francisco, Los Angeles, Las Vegas, San Diego and Palm Springs.

More info: www.propellerinvestments.com

More in Local News

Live in Edmonds? Hate speeders?

Edmonds has $35,000 to address local residents’ concerns about speeding in their… Continue reading

Herald photos of the week

A weekly collection of The Herald’s top images by staff photographers and… Continue reading

Marysville quits fire-department merger talks

Mayor Jon Nehring notified Arlington of the decision in a letter dated Jan. 10.

Everett man accused of causing his baby’s brain damage

He told police he shook his son to get him to stop crying, and the boy slipped out of his hands.

Everett marchers: ‘There’s too much to protest’ for one sign

About 150 people joined the “March to Impeach” from the waterfront to a county courthouse rally.

Legislation to limit opioid prescriptions under debate

Inslee also has requested a bill that prioritizes medication-assisted treatment for addiction.

Sirens! Flashing lights! — Move over!

We are a confident bunch on what to do when we hear… Continue reading

Lake Stevens man shot by police reportedly was suicidal

The fatal shooting is the latest incident where someone apparently wanted police to fire.

Judge: Lawmakers’ emails, texts subject to public disclosure

News organizations had sued to challenge the Legislature’s claim that members were exempt.

Most Read