Here's an excerpt from MNN:
"Gov. Bill Richardson and others are preparing to break ground Friday on construction of a terminal and hangar facility at the world's first commercial spaceport built with the idea of launching private citizens into space for profit. Some 250 people are lining up to pay $200,000 each to take the trip as early as next year.
It's called Spaceport America, a $200 million taxpayer-funded project where the sky is not the limit. From the 10,000-foot runway, spacecraft will take flight attached to an airplane, then break free and rocket 62 miles into space before returning to the facility. The flights will last about two hours and include five minutes of weightlessness.
The spaceport will operate like an airport, offering a location where aerospace companies can lease building and hangar space. Virgin Galactic, a company owned by British billionaire Sir Richard Branson, will be the spaceport's anchor tenant. Competitors such as XCOR Aerospace and Armadillo Aerospace are developing spacecraft for $95,000 flights. And as flights become more routine, costs should drop.
Spaceport America's runway is slated for completion next summer. The terminal and hangar should be ready for tenants in December 2010, when Virgin Galactic hopes to begin taking tourists aloft."
full mnn article here