Business & Tech

Propeller Investments Finds Takers in Paulding County

Company's proposal to privatize Briscoe Field in Gwinnett County was rejected last year.

By John Barker, Dallas-Hiram Patch

On Oct. 7, Paulding County officials announced Oct. 7 an agreement with Propeller Investments to develop Paulding Northwest Atlanta Airport, a public use, general aviation airport located 24 miles northwest of Atlanta. Paulding Northwest Atlanta Airport (KPJU) is owned by the County, with oversight administered through the Paulding County Airport Authority (PCCA). The airport is working to make changes necessary for commercial service. 

Under the new agreement, the airport has been renamed Silver Comet Field at Paulding NW Atlanta. Propeller is in talks with several commercial carriers and hopes to announce initial passenger service shortly. Propeller also has an option on 60 adjacent acres to be used for aviation based economic development in keeping with the County’s Aerospace Alliance. It is anticipated that economic development activity at the airport could result in more than $350 million in annual economic activity and thousands of jobs for Paulding County over the next decade.

“Our interest in bringing a second commercial airport to metro Atlanta has not diminished.  In fact now that we’ve explored the potential for commercial service at Silver Comet and seen what Paulding County has to offer, it has grown stronger,” said Brett Smith, CEO of Propeller Investments. “With pro-business county leaders committed to economic development and growth, a new terminal that will be ready for commercial service this year, and 60 acres of adjacent land that can be developed to create jobs for the area, this a great opportunity for Propeller and Paulding County. Furthermore, this partnership brings choice and convenience for Metro Atlanta travelers.”

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Home to 142,000 residents, Paulding County is one of the fastest growing counties in the United States. With the support of the Board of Commissioners, in 2008 the County opened Paulding Northwest Atlanta Airport (KPUJ) as part of a continuing commitment to their economic development agenda. The airport is located just off U.S. 278 with easy access to Interstate 20 adjacent to property the City of Atlanta originally purchased to create a second airport for the metro region.

Read the full article on Dallas-Hiram Patch.

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