Groupe ADP, the airport city world expert
Cities have always grown up at crossroads - places where travellers meet to exchange information and trade goods. City development therefore accompanied the development of means of transport: around ports in the 18th century, around railway stations in the 19th, around motorway rings and TGV railway stations in the 20th and around airports in the 21st century.
On every continent and wherever they touch down, airports, as the gateways to the countries and regions they serve, drive powerful economic development and are major sources of metropolitan urbanisation.
For airports themselves this means deep business evolution and a profound change in their economic model. Going beyond their role as infrastructure managers, they are now becoming vital economic and urban operators that are drawing an ever larger part of their income and profit from real estate and commercial business on their own property.
For the other stakeholders (the State, local communities, private businesses, residents, etc.) this is a huge opportunity to be part of and benefit from dynamic economic development that is creating wealth thanks to the area's connections and attraction and to the flows of people and goods across it.
For everyone this is also an opportunity for the stakeholders to work together to discover how to achieve robust, sustainable and environmentally friendly growth.
The airport city is a new kind of economic and urban development located where the airport meets the city - one that requires control of the former and a good understanding of the latte.