Vancouver International Airport Upgrades

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Image Credit: Vancouver Airport Authority

Ranking for 2019: 31

Industry Sector: Transportation

Specific Sector: Airport

Range: $1 billion - $5 billion

Project Value: $1,700,000,000

Government Funds Involved: N/A

Funding Source: Private

Location: Vancouver, British Columbia

Estimated End Date of Substantial Completion: 2022


The multi-year expansion at Vancouver International Airport (YVR) involves a number of capital construction projects to enhance the airport experience and improve YVR’s competitive position as a world-class connecting hub. Current projects include a Central Utilities Building that will house one of Canada’s largest GeoExchange energy systems; a new parkade and ground transportation facility; expanded international terminal building with four new bridged aircraft gates; four new bus operation gates; and new remote aircraft stands. Two new international hold rooms with capacity for 600 passengers have just opened and a new transborder hold room is starting construction in October—both will support YVR’s remote stand operations. To make room for the new remote aircraft stands, YVR will reclaim a portion of its existing jetSet parking concept and convert the remaining space into a valet operation. Construction on YVR’s runway safety enhancements will also continue until 2022.

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