Aerotropolis - Early Examples: Real Estate and Non-Aeronautical Revenue
Exploring early examples of aerotropolis developments, focusing on two key characteristics: airport land ownership or real estate, and non-aeronautical revenue generated from facilities on this land. Several airports with associated aerotropolis-type development around the world are mentioned. Incheon Airport (South Korea) has a comprehensive range of facilities and a consistently high level of non-aeronautical revenue. In Europe airport-city style development is well established at Schiphol, Frankfurt and Munich and Athens airports. Prominent examples in Asia include Changi Airport and Kuala Lumpur Airport. In Australia Perth Airport generates non-aeronautical revenue from retail and other facilities. In North America, phased development is underway on land owned by Edmonton Airport in Canada and Dallas/Forth Worth, Indianapolis and Denver airports in the US. All these aerotropolis developments could be outsized by China's Zhengzhou Airport Economic Zone (ZAEZ).