Sydney issues new plans

By Administrator |

Sydney Airport Corporation Ltd (SACL) is entering into a 90-day public consultation period on two Preliminary Draft Major Development Plans (MDPs) for the south-east precinct of Sydney Airport. This is in line with SACL's request

for Federal Government approval for one of two development options for the 20 hectare site.
The two development options include plans for discount retail outlets; bulky goods; specialty food outlets; a supermarket; office space; car parking and potentially, cinemas. Each option comprises approximately 60,000sq m of commercial floor space, with development costs expected to be approximately A$200m ($146.4m) over an initial two-year period, with construction potentially commencing in 2007 and completion possible by 2008.
Max Moore-Wilton, Executive Chairman and Ceo of SACL said: ‘All the world's great airports are moving toward a model that offers a diverse mix of non-aeronautical services, so as to have a more sustainable and cost-effective business.’


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