Silver Comet Field at Paulding Northwest Atlanta Airport (PUJ) is an award-winning, county-owned regional airport located 35 miles northwest of downtown Atlanta. Built in 2010, it is one of only a handful of new airports built in the United States over the past two decades and is the first jet capable airport constructed in Georgia in over thirty years. The airport is located on 750 acres and has a 190-acre Airport Technology Park. The technology park offers 80 acres with direct runway access.
The airport is well suited for a variety of aerospace operations but in particular maintenance repair overhaul (MRO) and aircraft assembly operations. The airport’s runway is 6,000 feet and can easily be expanded to 6,500 feet if needed. Projects currently underway at the airport include the construction of a 35,000 square foot hangar for aircraft and corporate offices, as well as a number of runway, taxiway and safety area enhancements.
The primary motivation for its construction was economic development, as Paulding County sought to leverage the substantial aerospace talent in the region with a state-of-the-art airport that could accommodate MRO operations, aircraft assemblers, corporate hangars and avionics firms.
Silver Comet Field is an instrument flight rules (IFR) field with an instrument landing system (ILS) and global positioning system (GPS) approaches with a full-service fixed-based operator (FBO) Paulding Jet Center. The FBO is located in the airport's beautiful 23,000 square-foot terminal building, which is one of the most impressive regional airport terminal facilities in the southeastern United States. The airport has been recognized as a “green airport” by the Nature Conservancy and is a winner of the “Excellence in Innovation” award from the United States Department of Commerce.
Silver Comet Field is located on United States 278/GA 6 and provides direct four lane highway access to the Whitaker Intermodal Facility (19 miles) which is Norfolk Southern’s largest intermodal facility on the east coast, Interstate 20 (24 miles), Buckhead and Midtown Atlanta (38 and 40 miles), and Hartsfield Jackson Atlanta International Airport (40 miles) the world’s busiest airport. Silver Comet Field’s location also provides access to a number of important resources and infrastructure assets such as the county’s growing cluster of aerospace suppliers, restaurants, hotels, and Chattahoochee Technical College which has a strong history of providing workforce training for the aerospace industry.
The following provides a technical overview of the Paulding Northwest Atlanta Airport:
|FAA Designation||General Aviation|
|Dimensions for 13/31||6,005 x 100 ft. / 1830 x 30m*|
|Weight Bearing Capacity||Single Wheel: 70.0|
|Runway Type||Concrete, grooved|
|Visual Slope Ind||4-Light PAPI|
|Runway End Ind. Lights||Yes|
|Instrument Procedure||ILS/DME, RNAV (GPS), GPS-A|
|Fuel Available||100LL / JET-A|
|VFR WX Days / Year||310|
|Noise Abatement Procedures||None|
As Paulding County continues to update is Silver Comet Field at Paulding Northwest Atlanta Airport, the following upgrades and developments are planned:
In 2012, the Paulding County Airport Authority (PCAA) entered into a long-term agreement with a Propeller Investments a private equity firm focused on opportunities in the aerospace and transportation sectors. The global firm is comprised of highly experienced industry entrepreneurs with substantial financial expertise to make strategic investments.
Backed by two established asset management firms with over $4 billion under management, Propeller Investments has the resources available to invest and finance transactions for any size aerospace project. The company has taken a proactive approach to finding compelling businesses that have the potential to create a substantive financial return for its investors and limited partners.
As a result of Paulding County’s approach, Propeller Investments has the latitude to manage the airport as a commercial enterprise. Paulding’s decision translates into the airport having a business partner that understands and is responsive to tenants and potential clients alike. Furthermore, since the County is aligned with the firm, substantial tax incentives remain available for projects at the airport. For new and expanding aerospace businesses this equates to having the flexibility to develop a substantial operation on its own terms and timeline with a business proposition that makes sense.
Paulding County and Propeller Investments are ready, willing, and able to provide financing for aerospace projects at Silver Comet Field. Should this be an option that a prospective aerospace company would like to explore, Paulding County and Propeller Investments would work to reach a suitable financing structure that is compatible with the company’s plans and strategy. A number of flexible courses of action are available for the projects considering the airport.