Aerotropolis Trade Incentive & Tax Credit Act: Making the China Hub a Reality at Lambert

The Missouri Senate will be deciding soon on whether to enact into law SB390 (read the bill below), the “Aerotropolis Trade Incentive & Tax Credit Act”. To get a better understanding of what this bill is all about let’s go over some of the key components:

What is an Aerotropolis?

The word Aerotropolis was first coined by author Dr. John D. Kasarda. He basically describes modern airports as the core of new development, including manufacturing, distributing, hotels, retail, entertainment, residences and services. The airport will eventually transform itself into an Airport City with access through the air, rail, road and/or water, with tens of thousands working at or around the core. These effects around the core can extend as far as fifty miles from the airport.

Examples of Aerotropolis airports are Dallas-Fort Worth, Miami and Memphis in the US; Amsterdam, Frankfurt and Paris in Europe and Singapore, Kuala Lumpur and Hong Kong in Asia. Many more are developing around the nation and the world.