Citing the global economic crisis a housing development in Lacombe, Alberta, Canada, is being delayed from a lack of interest. Interestingly, the Town Council has elected to continue development of a proposed airpark adjacent to the Lacombe airport.

While only 12 applicants were interested in the original 41 residential lots (at below market prices), 18 individuals are interested in the airpark component of the project.

Click here to read the complete story from the Lacombe Globe.

Bob Banman’s hangar-condo project at the Santa Paula (Calif.) airport is garnering a great deal of press. Earlier this week The Huffington Post ran a story, now the San Francisco Chronicle picked up the story and ran it both online and on page B-6 of the print edition.