Boeing South Carolina is
looking to amass more than 1,070 acres beneath and around its North
Charleston aircraft plant for possible future expansions.
The Charleston County
Aviation Authority voted today to begin talks to sell to Boeing about
320 acres the agency owns along International Boulevard, across the road
from the aerospace giant’s 787 manufacturing campus.
A price has not been established.
Also,
Boeing is seeking the rights to purchase another 488 acres closer to
Dorchester Road, and it’s getting an option to acquire the 265 acres it
now occupies at Charleston International Airport.
Boeing leases
its 787 property from the airport. The company wants to be able to buy
it outright by 2025, well before its lease is up in 2041.
The
land deal was announced after an hour-long closed-door session that
included airport authority members, Boeing officials and state
lawmakers.
Charleston Mayor Joe Riley called Boeing’s proposal
“excellent news for the region” as it signifies Boeing’s intention to
expand their operations.
“They’re not in the business of land banking,” Riley told the packed board room.
Boeing assembles 787 Dreamliners at the airport with a workforce of more than 6,000 direct employees and contractors.
Boeing
officials did not say exactly what the property will be used for. But
some longtime observers of the Chicago-based aerospace giant already
have some concrete ideas.
“We believe Boeing is preparing to
eventually locate new airplane programs in Charleston rather than
Washington State,” Scott Hamilton of Issaquah, Wash.-based aviation
consulting firm Leeham Co. wrote in an email.
Hamilton said he
would “not be at all suprised” to see the double-stretch Dreamliner, the
787-10, assembled in North Charleston. He also floated the possibility
of the 777X or the eventual successor to the 737 MAX being made in South
Carolina in the coming decades.
“This is entirely our assessment
— we can’t say we know anything about this,” Hamilton said. “But the
old adage is that if it looks like a duck and walks like a duck, then
it’s a duck. And this sure quacks to us.”
Check Friday’s editions of The Post and Courier for more details.
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