Lack of habitat conservation plan hampers revenue growth at Olympia Regional Airport
Olympia Regional Airport's revenue reached $1. 76 million in the first half of 2025, reflecting a year-over-year increase. Senior Manager Chris Paolini emphasized that the lack of a habitat conservation plan (HCP) hampers the airport's ability to generate new revenue. The airport's income stems primarily from land leases and rentals, but existing restrictions hinder the development of valuable properties, resulting in an estimated $6 million loss in potential revenue. This loss affects funding for maintenance and investments in technology and green energy.
The port and City of Tumwater began working on an HCP in 2016, which is essential for permitting developments in designated endangered species habitats. Without an approved HCP, the airport cannot permit new constructions, such as the planned Coca-Cola bottling facility. The financial report indicated that land leases comprised 64% of the airport's revenue, while rental income accounted for 31%. Paolini warned that the airport's reliance on self-generated income increases its vulnerability to economic fluctuations.