At a Glance
-
220
Passengers Per Hour
-
165M
Entrance To Gate
-
130KM
Hour Wnd Speeds
- Location
- Iqaluit, Nunavut
- Offices
-
-
2018
-
Engineers Canada Awards National Award for an Engineering Project or Achievement
-
2017
-
CCPPP National Awards Gold Award for Infrastructure
-
2014
-
P3 Bulletin Awards Best Rail/Transit Project ¨C Gold Award
- Location
- Iqaluit, Nunavut
- Offices
- 2018
- Engineers Canada Awards National Award for an Engineering Project or Achievement
- 2017
- CCPPP National Awards Gold Award for Infrastructure
- 2014
- P3 Bulletin Awards Best Rail/Transit Project ¨C Gold Award
Share
A stark and frozen climate, a rich heritage, a hectic travel pattern¡ªthese elements are authentic to Iqaluit. From them, we were inspired to create a vibrant gathering place for travelers, locals, and businesspeople; the first successful airport P3 project in Canada; and a holistic design true to this northern community.
The Government of Nunavut liked the idea of building a museum, a legislative assembly, or an airport as a public-private partnership. However, a P3 project has to meet complex criteria.
We evaluated the potential viability of these projects. Of the three, only the airport had the revenue potential to attract private investment. But it couldn¡¯t be an ordinary build. Would the future revenue justify the cost?
We estimated the price tag for designing and building an international airport in the arctic, and also the cost of oper?ating it privately for 30 years. Labour, utilities, maintenance costs, taxes, fees¡ªall were projected for the next three decades.
Price Waterhouse Coopers did some financial number-crunching and used our assessment to build a business case for a P3 airport project. The case was strong enough to re?ceive 25% funding from PPP Canada, a federal corporation created to support innovative public infrastructure projects.
Today, the Iqaluit International Airport stands as the first and only fully operational P3 airport project to achieve financial close and subsequent construction completion¡ªin all of North America.
" }At a Glance
-
220
Passengers Per Hour
-
165M
Entrance To Gate
-
130KM
Hour Wnd Speeds
- Location
- Iqaluit, Nunavut
- Offices
-
-
2018
-
Engineers Canada Awards National Award for an Engineering Project or Achievement
-
2017
-
CCPPP National Awards Gold Award for Infrastructure
-
2014
-
P3 Bulletin Awards Best Rail/Transit Project ¨C Gold Award
- Location
- Iqaluit, Nunavut
- Offices
- 2018
- Engineers Canada Awards National Award for an Engineering Project or Achievement
- 2017
- CCPPP National Awards Gold Award for Infrastructure
- 2014
- P3 Bulletin Awards Best Rail/Transit Project ¨C Gold Award