The Economic Development Engine: BOI
Economic impact at an airport is measured through employment,
payroll, and output (spending). On-airport businesses and
government activities account for a significant portion of the
first round economic benefits associated with each airport. There
are currently more than 40 aviation related tenants at BOI.
Indirect impact is linked to visitors of the airport's market area
who arrive via scheduled service and general aviation flights. The
most recent research shows that nearly 60 percent of BOI's
passengers are traveling for pleasure and nearly 40 percent for
business. Spending by these visitors supports additional employment
and associated payroll.
The Idaho Transportation Department - Aviation conducts an
Economic Impact Study for Boise Airport and other aviation
facilities throughout the state approximately every 10 years. When
this survey was last taken in 1997, Boise Airport's total output
based on employment and payroll from first and second round impacts
exceeded $940 million. The recent survey, completed in 2009 and
published in 2011, reflected that impact has increased to more than
$1.3 billion. The ITD Aviation Economic Impact Summary for BOI can
be viewed here.
Based on the upcoming improvements planned for
the next ten years at Boise Airport, that figure is expected
to continue to increase. Businesses within the Boise
Airport master-plan area support more than 15,000 employees
and generate $510.7 million in payroll. Boise Airport works closely
with the Boise Valley Economic Partnership (BVEP), the Boise Metro
Chamber of Commerce, and the City's own Economic Development
Department to attract and support business growth throughout the
As an essential form of business transportation, BOI has helped
shape the size and structure of the local business landscape.
Warehousing, office parks, hotels and aviation-related operations
have been attracted to the efficiency, convenience and proximity of
the airport. Boise Airport also serves as the gateway for
tourists and business travelers creating that important first
impression for our region.
BOI is also a land of opportunity as the airport owns or
controls more than 5,000 acres surrounding the airfield. A
street relocation project has opened up more land for
development, including much needed space for general aviation
facilities, including hangar space which is at capacity. The
Terminal and concourse area footprint allows for a mirror image of
the existing terminal and B Concourse, effectively doubling
passenger capacity to more than 6 million annually.
It is this pro-active approach that makes BOI a perfect partner
for business activities around the airport and a catalyst for
economic development throughout the region, from warehousing and
logistics to corporate headquarters and high tech operations.
For information about developing or expanding your business at
BOI, please contact Airport Administration at 208-383-3110 and ask
for 'Economic Development', or send us an email at email@example.com.