San Antonio is a finalist for a mega aerospace project that has the potential to generate thousands of high-paying jobs, local officials have confirmed.
According to several sources involved in the recruitment push, the city is competing against sites in Washington and Florida for the economic development prize.
The officials, who asked to remain anonymous because they're not authorized to discuss the project, said the aerospace firm would need 250 to 500 workers early on, many of them engineers.
The operation — which would include research and development and manufacturing — eventually would employ a workforce of at least 3,000, though the timeframe is unknown. Average pay would be at least $80,000 a year.
Port San Antonio, the former Kelly AFB and home to several sizable aerospace operations, is the local site under consideration.
Yet key details of the project — including the company's identity, the amount of potential investment and what will be developed and built — remain closely guarded secrets.