Local authorities in Hamilton, Canada, have voted in favour of making John C Munro Hamilton International Airport the centre of an ambitious 830-hectare aerotroplis development.
Airport president and CEO, Richard Koroscil, claims that last week’s 13-2 vote by Hamilton City Council in favour of creating an Airport Employment Growth District (AEGD) was the culmination of many years of strategic and detailed planning work.
And he insisted that the decision was the vital first step toward realising the “full economic and employment benefit” the site can bring to Hamilton and the surrounding region.
“I’d like to thank all of the business and community supporters whose efforts have been invaluable in reaching this point. The AEGD, once developed, will create thousands of new jobs in the area and will bring in estimated annual tax revenue of C$52 million.”
Developed on greenfield land ringed to the north by the Chedoke Highway, the areotropolis is expected to attract freight companies wishing to take advantage of the multi-modal cargo capabilities at the airport.
An estimated 45% of the development will consist of wholesale trade and transportation warehousing, 15% retail, accommodation and food services and 8% manufacturing.