Representatives from Heathrow Airport will showcase detailed plans around the Heathrow expansion at the UK’s biggest property event, MIPIMUK, in London this month. The airport will be attending the event, which runs from October 18 to October 19, as part of a wider delegation from the Greater Thames Valley, which is being led by UK Property Forums.
Heathrow is exhibiting the model for the Third Runway Expansion at MIPIMUK, which will be exclusively located at the Greater Thames Valley stand. The delegation will also provide details on the updated plans for the development, including land that will be set aside for commercial developments such as offices and hotels.
Representatives from Heathrow will outline key aspects of the expansion plan, which includes the development of two main passenger terminals and transport hubs – Heathrow West (Terminals 5 and 6) and Heathrow East (an extended Terminal 2); alongside a major overhaul of cargo facilities which will enable the doubling of capacity.
The delegation will also outline details around the land that has been set aside for commercial developments such as offices and hotels to replace commercial premises lost to the third runway.
The delegation includes Local Enterprise Partnership (LEP) partners representing Berkshire, Buckinghamshire, Enterprise M3, Oxfordshire, Solent, and Swindon&Wiltshire alongside industry partners Basingstoke and Dean Borough Council, political and stakeholder engagement consultancy Development Communications, and property management software company Locale.
Matthew Battle, managing director of UK Property Forums, said: “Outstanding infrastructure links are a key part of the Greater Thames Valley’s investment proposition. There are a number of ambitious and exciting schemes moving forward across the region – from world-class port facilities in the Solent to major road and rail projects that are helping to connect and unlock growth across our major economic hubs.
“Heathrow is a major part of the Greater Thames Valley story and we’re very pleased to have them joining us at MIPIMUK to showcase detailed plans for this expansion, which will create a positive long-term economic ripple across both the region and the UK as a whole.”
Plans for the Heathrow expansion were recommended by the Airports Commission in 2015 and have been adapted following a detailed consultation process with stakeholders at various stages throughout the Airports Commission process.
Following the consultation, the number of properties requiring compulsory purchase has reduced by 200, while the revised scheme also avoids the need to redevelop the M4/M25 junction. The current plans also incorporate the provision of new green spaces and flood mitigation for local communities.
Current plans will enable a direct rail service from Reading via Slough to Heathrow Airport with an approximate journey time of only 26 minutes.
Tim Smith MBE, Chief Executive of Thames Valley Berkshire LEP, said: “We’re delighted to be sharing the stand with Heathrow and our fellow partners. Ensuring that the Greater Thames Valley is able to benefit from the third runway expansion is key and we are working hard to ensure that bringing forward schemes like the Western Rail Link to Heathrow is a priority for Government.
“The Greater Thames Valley is already the most connected region in the UK and the Heathrow expansion has the potential to super-charge this connectivity – providing a huge boost to our infrastructure networks and delivering improved access to our communities and businesses – driving forward investment and productivity and significantly enhancing our competitive edge on a global scale.”