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UDI Volume 68 Issue 2 (Special Issue: Airport Related Spatial Development)
​December 2020

Obraz

Max Hirsh
The four key success factors for developing airport areas 
Urban Development Issues, vol. 68(2), 75–79. https://doi.org/10.51733/udi.2020.68.18
Keywords: airport urbanism, airport areas, urban development, regional development, non-aeronautical revenue
Full text

ABSTRACT
Developing the airport area is a priority for airports, and for the cities and nations that they serve. On the one hand, airports rely on landside real estate as a crucial source of non-aeronautical revenue, and as an insurance policy designed to mitigate risks inherent to the aviation industry. On the other hand, cities and regions promote airport-led urban development to achieve a broad range of social and economic development goals. Drawing on a global survey of more than 2,000 urban planners, policymakers, developers, and aviation professionals, the article identifies the four key drivers that fundamentally determine the success or failure of any airport area development project. Specifically, it highlights customer focus, site-specific development, effective governance, and project positioning as necessary preconditions for delivering a substantial return on investment and for moving efficiently from the concept stage to implementation.
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