Cirrus Aircraft and CoquÃ Radio Pharmaceuticals could both use the proposed Oak Ridge Airport, a project consultant said Tuesday.
Oak Ridge Today has previously reported that CoquÃ Radio Pharmaceuticals Corporation could use the airport, which would have a 5,000-foot runway and be located at Heritage Center, the former K-25 site. CoquÃ has announced plans to build a $500 million medical isotope production facility at Heritage Center.
The company makes medical isotopes with a half-life of 62 hours, airport project consultant Billy Stair said at an Oak Ridge Chamber of Commerce breakfast on Tuesday. Using the Oak Ridge Airport, rather than spending 42 minutes driving to McGhee Tyson Airport in Blount County, would save CoquÃ about $2.3 million per year, Stair said. It would also avoid the loss of about 1,000 doses per day of isotopes used for medical treatments, Stair said.
The Federal Aviation Administration conditionally approved the Oak Ridge Airport in March. That was a very significant step after four years of work, Stair said. The master plan has been approved; the precise location of the runway has been set; and a model of likely traffic has been developed.
As part of the conditional approval, the FAA wants an environmental assessment and a benefit-cost analysis.[Read more…]