Vancouver International Airport broke ground on a number of capital construction projects to enhance the airport experience and improve YVR’s competitive position.
The projects are part of YVR’s multi-year expansion plans that will see the airport complete 75 major projects, totaling C$9.1 billion ($6.8 billion), during the next 20 years.
YVR’s construction projects include building one of the largest GeoExchange systems in Canada, significant terminal expansions, new parking options and improved vehicle rental facilities.
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.
The City of Vancouver also recently announced its draft 2019–2022 Capital Plan that proposed spending C$2.6 billion ($2 billion) on renewing aging city infrastructure and amenities. Approximately C$1.3 billion ($1 billion) is allocated to maintenance, renewal or upgrades to existing aging infrastructure and amenities. The remainder will be used for new or upgraded infrastructure and amenities to support growth.
