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Suburban Seattle getting rare, private US airport terminal

It's not uncommon to see brand new commercial jets flying in and out of Paine Field, just north of Seattle, defying rain and low visibility that define the region. That's because the airport with two runways has for decades served as home to Boeing assembly lines, rolling out models such as the 777 for test flights over the Pacific Ocean.

Now an entrepreneur is getting a chance to build the airport's first passenger terminal, betting travelers in Seattle's rapidly-expanding suburbs will use it for short-haul trips instead of fighting traffic and long lines at SeaTac International, one of the country's busiest hubs.

Brett Smith's company is investing about $40 million to...

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