£1bn revamp for Gatwick unveiled
The owners of Gatwick International Airport are to embark on an ambitious £1 billion renovation of facilities and amenities at the transport hub over the coming years.
Major improvements are to be made to the airport, including a £45 million investment in a new inter-terminal shuttle, new £25 million North Terminal transport interchange, a £45 million 19-lane security area in South Terminal, a £95 million investment in baggage handling at both terminals and £17 million expansion of the North Terminal short stay car park.
All funding is subject to approval by the Civil Aviation Authority, but with the new five-year spending plan now committed to paper it appears likely the project will receive the go ahead.
A range of construction developers are in line to make tenders to carry out the ambitious works, with the likes of Balfour Beatty, Carillion, Costain, Laing O'Rourke, Vinci and Willmott Dixon all in the running at present.
The new spending plan will build on a recent flurry of activity at the transport hub, with the facility already having benefited from £892 million of construction works since 2008 as part of the £1.2 billion 2008-14 upgrade programme.
Last month, Manchester Airport Group received planning consent for its ambitious new Airport City business park on scrub land in the vicinity of the M56 and Woodhouse Park in Wythenshawe.
In total, the new facility will provide 1.2 million sq ft of grade-A office space once completed, as well as 53,000 sq ft of advanced manufacturing facilities, 62,000 sq ft of ancillary retail sites and a new hotel featuring up to 1,300 beds.
Airport City director John Atkins commented at the time: "The planning approval is a major milestone, underlining the progress made in the last 12 months and enables us to progress to the delivery stage in 2013, driving forward opportunities to attract investment and create jobs."
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