YVR Airport Reveals Groundbreaking Details For Massive $9.1 Billion Expansion

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YVR Airport Parking Lot

Embarking on an ambitious plan to build the airport of the future, YVR provided details for its $9.1 billion expansion.

Today, the Vancouver airport announced its vision that includes 75 projects that will take place over the next 20 years.

To celebrate the plans, Vancouver Airport Authority President and CEO Craig Richmond was joined by British Columbia Premier John Horgan.

Specifically, plans include building one of the largest GeoExchange systems in Canada and significant terminal expansions; they also include new parking options and improved vehicle rental facilities.

RELATED: The New YVR Airport Parking Lot Is A Full Skytrain Ride Away From The Terminal

“We are experiencing record growth at YVR as we deliver on our mission to connect British Columbia proudly to the world and these ambitious expansion projects will further position YVR as a world-class connecting hub,” stated Craig Richmond.

“As we build the airport of the future, our focus is to move people and goods efficiently, while continuing to delight people with a wide range of offerings, amenities and outstanding customer service.” 

YVR Expansion

Earlier this year, the airport announced part of the construction, which included a centralized expansion. For the passenger, this means one interconnected terminal, with short distances between gates, linked baggage systems and easy connections.

Since the airport’s latest growth estimates project 31 million passengers by 2022, the upgrades will facilitate this increase. Further, they expect the growth to reach 29 million passengers for 2020. As such, it is being hailed as the fasted growing airport in North America.

By the end of 2018, construction activities at YVR will create nearly 2,500 full-time construction jobs on Sea Island and hundreds more off-site. 

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