Property Development

Melbourne Airport Plans Stall While Hotel Development Takes Off

Written by The ReReport
As seen in the Source link, written by theurbandeveloper.com on 2019-07-01 14:31:27

Planning for Melbourne Airport has included four runways since the 1960s, but plans for construction of its third proposed east-west runway are now subject to further government consultation.

The change in the new runway’s alignment is likely to cause a delay in construction, although airport chief executive Lyell Strambi still says the new runway could be open by 2025 “at worst”.

“We have undertaken a planning review over the last six months to assess whether east-west remains the preferred option for the third runway,” Strambi said.

“Our review provides strong evidence to suggest the north-south parallel could now provide a superior outcome in terms of availability, capacity, long-term investment profile and community impacts.”

Melbourne airport has been working toward a parallel east-west runway since 2013.

More than 35 million passengers used Melbourne airport in 2016-2017. Melbourne Airport’s masterplan forecasts it will reach maximum capacity as early as next year, and that it will be hit with delays if a new runway is not operational by 2023.

Related: Melbourne Airport Rail Link: ‘Victorians Have Waited Too Long’