Capital Airport Group Pty. Ltd purchased Canberra Airport from the Commonwealth Government in May 1998. At the time of purchase, the airport consisted of a small-scale terminal, general aviation precinct as well as the Royal Australian Air Force (RAAF) Fairbairn base.
Formed initially by Canberra businessman Terry Snow and his son, Stephen Byron, the Capital Airport Group’s background was in the development of quality commercial properties in Canberra and Sydney.
The decision to invest in the airport was in recognition of its development potential and the importance of the airport to the local community.
The Capital Airport Group had realised that, as renown travel author Pico Iyer once wrote: “airports say a lot about a place because they are both a city’s business card and its handshake: they tell us what a community yearns to be as well as what it really is.”
With the help of its management team and staff, the Capital Airport Group set out to transform the infrastructure and operation of the airport in what would come to be called the Canberra “AirVolution”.
The Airport Precincts
Since privatisation Canberra Airport precinct now comprises the terminal and Fairbairn RAAF base, as well as Brindabella Business Park and Majura Park, all of which have undergone extensive development.
With the opening of the new terminal on March 13, 2013, Canberra Airport now represents one of the most significant infrastructure projects for the ACT and surrounding region, with a growing role as a national transportation hub, commercial business park and retail destination.
It has been acknowledged as one of the leading Australian airports, having been named Australian Airport of the Year in 2002, 2007 and 2013.
With an investment of $420 million the all-new Canberra Airport terminal opened on 13 March, 2013.
The new terminal covers more than 55,000m2 and includes:
- 3300 car parking spaces
- 10 passenger aerobridges
- 34 check-in counters
- 6 baggage carousels
- taxi rank with indoor passenger waiting area
- a number of food, beverage and retail offerings
- environmental initiatives that put it on track to become the “greenest” airport in the country.
Brindabella Business Park
Considered to be one of Australia’s most environmentally sustainable business centres, Brindabella Business Park is made up of 18 world-class commercial buildings totalling 100,000m2 NLA, which houses approximately 5,000 workers within them. The business park also consists of a childcare facility, service station, gymnasium, numerous cafe and restaurants as well as sporting fields; all of which make it an ideal business environment.
As Canberra Airport’s newest precinct, Majura Park distinguishes itself from the other precincts in its diverse range of offerings to the Canberra region. Situated northwest of the airport, Majura Park offers around 26,000m2 NLA of commercial office accommodation as well as 44,500m2 NLA of retail floor area. In addition to Costco Wholesale, the Majura Park Shopping Centre houses Australia’s largest Woolworths and Big W concept store. Close by is Masters Hardware. Majura Park also features a 25m lap pool, swim school and gymnasium and a purpose-designed medical centre.
Fairbairn is the Canberra Airport’s largest commercial precinct, steeped in tradition as a former RAAF base, essentially forming the second stage of the Airport’s business hub, and currently accommodating around 2,000 workers.