 The Village of Schaumburg purchased the airport in 1994 to prevent it from being sold to developers.In 1995, the village replaced the 3,000’ x 40’ asphalt runway with a 3,800’ by 100’ concrete runway with a parallel taxiway, and concrete tie-down areas for parking.In 1998, construction of the 26,000 square foot terminal building was completed, including space for a quality restaurant, public meeting rooms, and space for businesses to operate in a facility that is both functional and architecturally impressive.