Laval, France – The development of the Laval-based Tempe project has been halted due to a lack of funding, according to a spokesperson for the developer.
The Tempe development team announced that it was cancelling a joint venture with Laval developer Eltan, and the team is asking to rejoin the LAS project as a “community-driven and community-led project”.
The company has been working with the community for years, but has been stuck in a stalemate due to funding constraints, the spokesperson told Wired.
Laval has been the location for Laval International Airport since it opened in 2013.
The project was initially expected to cost $500 million, but it was later reduced to $300 million.
The airport is expected to be fully operational by 2020.