The Auckland Airport expansion and redevelopment will improve and upgrade Auckland Airport, with its biggest project being a new domestic terminal that will sit at the end of the international terminal.
The project comprises a suite of projects including:
- a new domestic jet terminal
- an Airfield Expansion project including additional taxiways
- a new Transport Hub, and
- upgrades to the existing domestic terminal.
Improvements to the Northern Network and SH20B (NZ$160 million) were completed in 2021.
Originally, eight anchor projects were envisioned to be delivered in four phases. However, due to COVID-19, this was reset in August 2021, with progress on major works to be governed by the pace of aviation recovery.
Key Dates
Mar 2014 | Project Announcement |
May 2019 | Contract Award: Airfield Expansion |
Jun 2022 | Contract Award: Transport Hub |
Sep 2024 | Contract Award: New Domestic Terminal |
Financing
Auckland Airport announced a NZ$1.4 billion (A$1.3 billion) equity raise to finance the Auckland Airport Expansion program. The raise comprises an underwritten placement of NZ$1.2 billion (A$1.1 billion) and a non-underwritten retail offer of up to NZ$200 million (A$184 million). |
Procurement
Procuring Agency: | Auckland Airport |
Related contracts: |
PROJECT HISTORY
Mar 2014 | Auckland Airport released its 30-year masterplan, which the infrastructure program is based on. According to the masterplan, the expansion will be undertaken in four phases. |
May 2017 | A consortium comprising Mott MacDonald, Holmes Consulting, Architectus and Grimshaw was selected to design and develop a combined domestic and international terminal, which covers building works over the next 10 years. This comprises the new integrated domestic terminal, border processing expansion and transport and car parking facilities. |
Jun 2017 | Auckland Airport announced NZ$1.8 billion (A$1.68 billion) will be invested over 2018-2022 on projects across various phases to accommodate growing passenger and flight demand. |
Feb 2020 | Works began to redevelop and widen Laurence Stevens Drive. The project is being undertaken by Fulton Hogan and is expected to be complete by the end of 2020. |
Jul 2020 | Auckland Airport announced that it has decided to suspend selected capital expenditure projects with a completed value of more than NZ$2 billion until there is more certainty about the impact on the aviation sector following the spread of COVID-19. While some smaller projects are still under review, the suspended projects include the second runway, Domestic Jet Hub, a multi-storey car park and Park-and-Ride South. |
Aug 2021 | The Auckland Airport announced a refreshed pathway for its forward infrastructure program. Four of the eight previous anchor projects remain on hold, while some works on the Domestic Jet Hub, Northern Network and SH20B improvements, a new transport hub, and ongoing upgrades to existing domestic terminal were expected to continue. Their phased progress is to be determined by the pace of aviation sector's recovery from COVID-19. Projects which have been placed on hold include expansion of international airfield and taxiway capacity; new cargo precinct; new international arrivals area; and second runway. |
Mar 2023 | Auckland Airport announced a revised project cost of NZ$3.9 billion for the total Auckland Airport Expansion program, increased from NZ$1.8 billion when originally announced. The Board approved the project to move into the final stages of design. |
2023/03/17 - Revised project cost
2021/08/09 - Reset infrastructure plan
2024/05/02 - Funding split confirmed
2014/03/29 - Masterplan
2017/05/22 - Design contract
2017/06/08 - $1.8 billion investment
2020/02/12 - Laurence Stevens Drive
2020/07/01 - Funding suspension