In 1928, Frank G. Speakman and William L. Franklin, two Santa Fe Railroad employees, had inaugurated a private venture for an airport. Working with the town of Albuquerque, they graded two runways on East Mesa with one approximately 5,300 feet long and the other just under 4,000 feet. Albuquerque Airport was wholly a private venture, irrespective of the town's involvement. Immediately following construction of the airport, other individuals and promoters became interested in Albuquerque as a crossroads location for southwestern air traffic. James G. Oxnard, a New York entrepreneur, bought Franklin's interest in Albuquerque Airport, expanding the facility toward the end of 1928.