The Federal Aviation Administration said Tuesday that it will commit $290 million to fund Charlotte Douglas International Airport’s fourth parallel runway project.
The new runway will be 10,000 feet long and 150 feet wide.
Charlotte began work on the runaway in 2023 and is currently in the grading process, which will continue through the next few years. Concrete paving is set to begin in 2025, and the entire runway is scheduled to be completed by 2027.
The total project cost will cost about $1 billion.