Nicole Vaughan
October 28, 2024

Developing Aviation Precincts: Supercharging Investment in Australia

Aviation is more than just about flying planes—it is a critical driver of economic development through aviation precincts.

Aviation is more than just about flying planes—it is a critical driver of economic development through aviation precincts. Airports are evolving into fully-fledged commercial hubs, attracting investment in retail, industrial, and logistics operations. This transformation is helping to stimulate local economies, create jobs, and boost Australia’s global competitiveness. In this blog, we explore how airports like Brisbane, Melbourne, and Western Sydney are leading this transformation and what it means for Australia’s future.

BNE Master Plan

Brisbane Airport’s 2020 Master Plan lays out a bold vision for the future, transforming the airport into a vibrant economic precinct that will attract billions of dollars in investment. The new parallel runway, completed in 2020, has already doubled the airport's capacity. Now, attention is shifting towards expanding the commercial and industrial zones around the airport.

Dan Cain elaborates, "Brisbane is positioning itself not just as a gateway to Queensland, but as a critical economic hub for the region. The master plan is designed to create a sustainable, long-term impact on jobs and investment."

Key elements of the BNE master plan include:

  • Logistics Hub: A new logistics precinct will take advantage of the airport's increased freight capacity, attracting global supply chain players.
  • Commercial Development: Retail and office spaces will be developed around the airport, creating a vibrant precinct for both travellers and local residents.
  • Industrial Growth: The airport precinct is expected to generate thousands of jobs by attracting industrial developments linked to aviation and freight operations.

Melbourne Airport Growth

Melbourne is one of the busiest airports in Australia, handling over 37 million passengers annually. The airport’s master plan includes significant upgrades to terminals, the construction of a third runway, and the development of business parks and logistics hubs.

  • Third Runway: Scheduled for completion by 2027, the third runway will increase capacity and reduce congestion, making Melbourne a more attractive option for international airlines.
  • Business Parks: Melbourne is developing business parks around the airport, which are already attracting investment from logistics, retail, and commercial tenants. These developments are expected to create thousands of jobs and further integrate the airport into Victoria’s economic fabric.

Western Sydney International (Badgery’s Creek)

Western Sydney International is more than an airport—it’s a key element of the region’s broader economic strategy. The project is expected to generate over 28,000 direct jobs and inject billions into the local economy.

Dan explains, "Western Sydney International is setting the standard for what modern aviation precincts should look like. It’s a strategic investment not just in transport infrastructure, but in the future of Western Sydney as an industrial and commercial powerhouse."

Key features of the precinct include:

  • Aerospace and Logistics Hub: Western Sydney International is expected to attract aerospace manufacturers, logistics firms, and even advanced manufacturing operations, creating a nexus of industrial activity.
  • Multimodal Transport Links: The airport will be integrated into Sydney’s broader transport network, with direct rail and road connections, making it easily accessible from across the city.

Regional Examples – Sunshine Coast Airport Expansion

Regional airports, like Sunshine Coast Airport, are also evolving into economic engines for their regions. The recent runway extension has unlocked international travel routes and increased the airport's capacity to handle larger aircraft.

  • Tourism Impact: Sunshine Coast Airport is positioning itself as a hub for international tourists, attracting visitors from New Zealand and Southeast Asia.
  • Economic Development: The expansion is expected to generate $4.1 billion for the regional economy over the next 20 years, creating jobs and opportunities for local businesses.

"Regional airports are crucial," says Cain. "They provide the connectivity needed for regional economies to thrive and are key to the decentralisation of growth from major cities."

Best Examples of Community Engagement Strategies

  • Brisbane Airport (BNE) Master Plan: Brisbane Airport’s community engagement around its master plan involved extensive consultation, particularly around the flight path changes associated with the new runway. Through a multi-channel approach, including public forums, online resources, and stakeholder meetings, concerns about noise and environmental impacts were addressed, while highlighting the economic benefits of the master plan.

Dan notes, "Brisbane’s masterplan engagement strategy is a blueprint for how to involve the community in large infrastructure projects. It’s about building trust and ensuring that the local population feels like a part of the airport’s evolution."

Summary and Conclusion:

Airport precincts are transforming Australia’s aviation landscape. From Brisbane to Western Sydney to regional hubs like Sunshine Coast, airports are becoming commercial centres that generate jobs, boost local economies, and improve connectivity. These developments underscore the critical role aviation plays in supercharging economic growth across the country.

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