The facility's $604,000 development project included the construction of a small passenger terminal and two 4,000-foot (1,200 m) intersecting runways. In 1938 Panama City and the Bay County Commissioners joined forces to develop the airport through the construction of an airport terminal and extensive airfield expansion. At that time the airport was named Atkinson Field. In 1932 Atkinson and his wife donated the property to the Panama City Chamber of Commerce so a city airport could be established. The facility had 292 acres (1.2 km 2) of land with grass landing strips. Panama City–Bay County International Airport (PFN) began as a private field owned by J.B.
The grounds will eventually be turned over to LUK-MB1 LLC, which plans to remove the runways and build homes, shops, walking trails and a marina. All airline services moved to the Northwest Florida Beaches International Airport on May 22, 2010, but the airfield was open to general aviation aircraft until October 1, 2010.
It was owned and operated by the Panama City–Bay County Airport and Industrial District. Panama City–Bay County International Airport ( IATA: PFN, ICAO: KPFN, FAA LID: PFN) was a public airport 3 miles (4.8 km) northwest of Panama City, in Bay County, Florida.
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