The official groundbreaking for Spaceport America, the $198 million space tourism venue being built in southern New Mexico with state and local bond funds, has been delayed until November over problems with the environmental impact statement for the facility.

Work was to get under way in the first quarter of 2008, but the New Mexico Spaceport Authority must re-do the environmental impact statement after the Federal Aviation Administration raised questions about New Mexico State University’s participation in the effort.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.