Spaceport America - News Article Locations on Waymarking.com

From the Website and AP:


Spaceport America Concept

An artist's concept of Spaceport America, a suborbital spaceport under construction in New Mexico. (Spaceport America / Foster + Partners)


Plane lands at Spaceport America




Spaceport America Run.jpg








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TRUTH OR CONSEQUENCES, N.M. – New Mexico Tourism Secretary Monique Jacobson says it will be New Mexico's Sydney Opera House. Virgin Galactic Chairman Richard Branson has hinted it will host the first of his new brand of lifestyle hotels. And the eclectic hot springs town of Truth or Consequences has been anxiously awaiting all the economic development the nearly quarter-of-a-billion-dollar project is supposed to bring to this largely rural part of southern New Mexico.

But as phase one of Spaceport America, the world's first commercial port built specifically for sending tourists and payloads into space, is nearing completion, the only new hotel project that has been finalized is a Holiday Inn Express here in Truth or Consequences, about 25 miles away. And three key companies with millions of dollars in payroll have passed on developing operations in the state.






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The lagging development, along with competition from heavy hitters like Florida and Texas, is raising new questions about the viability of the $209 billion taxpayer-funded project - as well as the rush by so many states to grab a piece of the commercial spaceport pie. To date, nine spaceports are planned around the United States, mostly at existing airports, and another 10 have been proposed, according to a recent report from the New Mexico Spaceport Authority.

Type of publication: Internet Only When was the article reported?: 09/24/2012 Publication: AP Article Url: [Web Link] Is Registration Required?: no How widespread was the article reported?: national News Category: Business/Finance

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