A FINALISED master plan has been produced for Durham Tees Valley Airport with bosses saying it will mean a more secure future.
The re-development of the airport could mean up to 3,800 new jobs, as well as a further 450 full time posts during construction.
Airport chiefs described it as a “viable business model” and said it would maximise the site’s potential.
DTVA strategic planning director Peter Nears said it had taken into account the points raised during the two-month consultation process.
He added: “Of course, people have been concerned for the future following the fall in passenger numbers over recent years but I hope that they will now see that this plan does set out a path which, with support from our stakeholders, the business community and the public, can lead to a more secure future for Durham Tees Valley.”
Key proposals in the master plan include:
l New developments on the north and south sides of the airport runway. Their aim is to “maximise the employment potential of the airport’s landholding.”
l Plans for a mix of offices and up to 400 houses, and an extension to St George’s Hotel which is already on the site.
l Development proposals on the south side, including a logistics and business park, an engine testing facility, a new airport apron and hangars.
Mr Nears added: “Our task now is to move forward with key elements of the master plan and that will be happening in the very near future.”
Stephen Catchpole, managing director of Tees Valley Unlimited, said “We welcome the publication of the final version of the master plan aimed at securing the long-term future of
Durham Tees Valley Airport.
“Our plans have always emphasised the importance of the business links to key destinations for the benefit of the Tees Valley economy.”
The finalised Master Plan can be viewed on-line at www.DTVA-Master-Plan.co.uk.
Bosses are predicting that the new development will add £348m to the economy, secure existing routes to international markets, the potential to develop new routes to other UK and
European destinations, and passenger numbers are forecast to grow to 200,000 from 165,000 passengers in 2012.