Melbourne Airport Third Runway
Preferred bidder announced
Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.
The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.
The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.
The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).
Preferred bidder announced
A preferred bidder has been selected and is in exclusive negotiations.
Projects that have progressed to contractual close remain on ANZIP for 12 months.
ANZIP is focused only on major infrastructure activity, above the following thresholds:
Construction projects: > AUD$300m
Investable greenfield & brownfield: > AUD$100m
All greenfield and brownfield projects and divestments: > NZD $100 million
Melbourne Airport is proposing to construct a third runway, to be located two kilometres to the south of the existing east-west runway.
The proposed runway will be east-west facing, three kilometres in length and 60 metres in width, and be capable of handling all aircraft types.
It is also proposed that the existing east-west runway be extended from 2.2 kilometres to three kilometres and widened from 45 to 60 metres.
Approval is required from the Commonwealth Government through a Major Development Plan (MDP), which will include detailed planning documents and consider the runway's impact on the community. The preliminary draft MDP went on exhibition in July 2018, with the MDP expected to be submitted for Ministerial approval in late 2018.
Melbourne Airport expects to develop the MDP over 2018-/19 and, subject to Government approval, begin construction on the project in 2019. The runway is planned to be operational between 2022-2024.
A McConnell Dowell/Lendlease Joint Venture has been appointed as advisor by Melbourne Airport to progress the approvals process and finalise design work for the runway development.
Infrastructure Australia list the project as a near term (1-5 years) Priority Initiative on its Infrastructure Priority List.
In addition to the third runway, Melbourne Airport foresees the need for a fourth runway, parallel to the existing north-south runway, however this will not be needed until after 2038.
Last reviewed: 20/07/2018