Economic Impact
DeKalb Peachtree Airport occupies a prime location inside the Perimeter, located less than fifteen minutes from Atlanta's major business centers in Buckhead and Midtown. This proximity drives the 600 operations logged daily by the airport which makes it the second busiest in the state of Georgia behind Hartsfield-Jackson International Airport, the world's busiest, located eighteen miles (29 km) away.
In 1997, DeKalb Peachtree Airport was one of the largest tax contributors of DeKalb County, behind The Southern Company and Bellsouth but receives no taxpayer dollars for operations. The 1997 study found that in addition to 762 aviation-related jobs at the airport, there were indirect benefits of $14 million in annual visitor spending as well as 3,600 non-airport jobs driven by airport activities.
While not primarily driven by the airport, a 30-acre (120,000 m2) mixed-use project called International Village is under development near the airport with a planned completion date of 2009. The previously residential property was purchased by Dekalb County as part of a noise mitigation buyout and ultimately sold to the developer, PDK Investments, LLC, in 2005. The project name references the cultural and ethnic diversity of the surrounding neighborhoods and the Buford Highway corridor. The development is slated for a mix of low- and mid-rise commercial and retail space and will also host a boutique hotel and conference center as well as an amphitheater and green space for community festivals.
Read more about this topic: DeKalb-Peachtree Airport
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