The 21st Century’s economic engine will be aerotropolis and aviation-related commercial operations and industries. An aerotropolis is a territory that evolves as a key engine of economic growth and a center of economic activity within an airport. According to the city, it has a “strong concentration of logistical facilities and commercial operations” (FloresFillol et al., 2016). By utilizing the reciprocal synergies between various sorts of businesses and their closeness to the airport, such an area has a competitive edge over other enterprises. As a result, it provides national and international enterprises with quick access to their consumers, suppliers, and partners. The importance of the aerotropolis to national economies stems from the fact that air travel is essential, with worldwide air travel expected to grow by more than 200 percent by 2030.
The development of an aerotropolis can increase demand for air travel while also developing the businesses surrounding an airport. The aerotropolis is becoming more appealing to firms that engage with international commerce and trade since airports give numerous benefits to a dynamic global economy (Liou et al., 2018). Some airports have created property divisions to encourage growth, demonstrating that the airport is evolving into a multifunctional organization that supports aeronautical and economic development demands.
An aerotropolis, according to Kasarda, is a city whose infrastructure, economics, and layout are focused on a large airport and whose expansion has the potential to bring in the “fifth wave” of change in the world’s transportation infrastructure. This, he claims, is only achievable if it can overcome land acquisition difficulties. The concept of an aerotropolis has piqued the interest of many developers, and it is predicted to have a considerable impact on commercial development. However, this might be beneficial or bad. As a result, this article will critically examine the prospective economic effects of aerotropolis.
The essay’s author (Flores, Garcia, and Nicolini, 2016) discusses how service areas, business areas, and residential areas compete for property near airports. One of the reasons for the rising demand for land near airports is that consumers and businesses are looking for more flexibility. The study writers point out that in the search for property near airports, speed and agility are just as crucial as pricing and quality. Many businesses are fighting for a site that will improve market accessibility.
Today, logistics are viewed as operations that provide value to a company’s supply chain and must be improved rather than as expenditures that must be reduced. It shows how the concept of the aerotropolis has led to airports being viewed as a new type of core business that allows companies to benefit from air traffic (Flores-Fillol et al., 2016). The article also defines an aerotropolis and the geographical scope of a typical aerotropolis and its characteristics. The authors also demonstrate that the aerotropolis is a source of employment for the individuals who live in the surrounding area. Other aerotropolis services include residential properties, recreational green space, agricultural and office buildings, which might be incorporated into a full-fledged metropolis. These industries require labor, which is local and beneficial to the country where the facility is located. As a result, the country’s living standards increase, and the country’s Gross Domestic Income rises.
Furthermore, aerotropolis building never stops; as a result, most of the structures must be improved regularly, resulting in continual employment—sectors like assembling and manufacturing require employees both locally and worldwide. Skills and individuals are transferred, for example, from less developed nations to less developed countries through sourcing. Airports have become important drivers of urban design and economic growth in modern cities. The goal of aerotropolis is to use the changes to maximize the good impacts of being near an airport. The creation of an aerotropolis is an economic development plan to expand worldwide markets by enhancing market access and accessibility to the global clientele.
In their study, Daniel and Coetzee point out that an aerotropolis does not always imply adding more retail establishments to an airport terminal. The writers also state that expanding and expanding commercial and industrial parks near an airport does not imply the creation of an aerotropolis. The writers point out that aerotropolis entails using many economic opportunities associated with airports. According to the authors of many publications, the land is not homogenous, which is why a piece of land in a particular area is connected with a commodity whose price is not determined by supply and demand. The amount of rent each agent may pay at a given location is determined by transportation cost reductions and the site’s proximity. As a result, land next to airports has high spatial variability. Because there are no savings to be had, agents stop bidding on land that is further apart. As a result, land near airports is in great demand, as service providers, businesses, and customers vie for it. In their essay, Wium and Coetzee argue that it is too early for emerging countries like Africa to explore the aerotropolis model. The author of the piece discusses how airport development takes time.
The author of one of the articles mentions how airport construction begins in little steps. According to the article, many of the world’s current major airports began as little landing airstrips, but as demand for those airstrips grew, large airports arose. However, several elements influence airport growth. The articles explain how a lack of strategic planning during the early phases of an airport’s growth may substantially impact how the airport is grown. The bulk of airports in emerging economies is new constructions with little infrastructure. Emerging economies benefit from being able to prepare strategically for economic growth opportunities.
The hosing issue is highlighted in the essay by Flores, Garcia, and Lopez. The paper examines how commercial, service, and residential real estate brokers compete for properties near airports—the three agents battle for a location near the airport for their customers. Agents competing for a location near an airport provide a similar mix of services, businesses, and customers. All participants fight for a fixed amount of land, and the total space occupied by customers, service providers, and commercial operators is restricted. The major business district’s attractiveness is the driving cause for land competitiveness near an airport. Firms can use econometric modeling to detect the presence of various spatial features in a new airport. An examination of land near several airports in the United States demonstrates the importance of land and explains why property prices have risen.
The article also discusses why enterprises involved in international commerce flock to the aerotropolis. The aerotropolis’ impact on the airport’s purpose and nature is also investigated. For example, according to the authors, several airports have established real estate departments to stimulate growth outside airport limits, indicating that airports’ roles are shifting from providing aeronautical demands to fostering economic development. The article also discusses some of the difficulties of turning airports into more than merely air transportation hubs. According to the article, one of these issues is that if managers focus too much on physical infrastructure, they may overlook the value of social infrastructure and connectedness as crucial parts of the new identity (Liou et al., 2018). The article presents a methodology for identifying the elements that contribute to the development of an aerotropolis and determining what can be done to improve it.
This article discusses the world’s first aerotropolis, which is being built in Ekurhuleni, South Africa, and whether it will be as successful in stimulating economic growth as it has been in other nations. It emphasizes that airports’ functions have evolved beyond only facilitating passenger travel to addressing the demands of goods and services delivery. Airports have become sources of employment due to this (Wium & Coetzee, 2014). The article explains how this has led to airports being “important drivers of urban design, economic activity, and municipal competitiveness” and how the aerotropolis takes advantage of these developments by maximizing the economic benefits that airports can provide.
In their essay, Wium and Coetzee argue that it is too early for emerging countries like Africa to explore the aerotropolis model. The author of the piece discusses how airport development takes time. The author of one of the articles mentions how airport construction begins in little steps. According to the article, many of the world’s current major airports began as little landing airstrips, but as demand for those airstrips grew, large airports arose. However, several elements influence airport growth. The articles explain how a lack of strategic planning during the early phases of an airport’s growth may substantially impact how the airport is grown.
Another significant aspect while creating an aerotropolis, according to the literary analysis in the papers, is studying demographic and economic trends. It’s crucial to compare land use and surface transportation infrastructure in a given location. Economic clusters must be defined, as well as the best-served systems. It’s also crucial to evaluate which systems will likely benefit from previously planned regional projects and which systems will require additional infrastructure to make them feasible for further growth. The page summarizes several papers that discuss how aerotropolises encountered various obstacles. The analysis of massive volumes of data is one of the main difficulties addressed in the papers. It is difficult to collect and analyze a significant quantity of data and then use that data to generate a picture of the aerotropolis and its developmental route. To address the issues, the development team will employ a high-level tool, such as a geographical data analysis system and sophisticated economic analysis tools, to provide the essential innovation that a project of this size necessitates. To ensure that all opportunities are captured and exploited, the amount of data and the complexity it is evaluated and incorporated into the project will be important. Some of the economic clusters that have been discovered have the potential to develop quicker than others. Others may be able to help the entire region develop. Catalytic drivers assist in the acceleration of processes. It’s critical to make use of such features while creating an aerotropolis.
The development team for an aerotropolis must evaluate the economic benefits of catalytic drives. Because Ekurhuleni is also home to Africa’s largest airport, the region’s economic considerations will need to be considered. When planning an aerotropolis, demographics, which characterize the population of a certain area, are factors to consider. The articles by (Flores et al., 2016) and (Wium and Coetzee, n.d.) illustrate how establishing an aerotropolis would affect poverty alleviation, skill development, and job prospects for the surrounding populace. Another factor to consider while planning an aerotropolis is the projected land use. It’s crucial to consider whether the planned project will be efficient and whether it will generate a favorable work atmosphere. Forecasted demand transportation facilities are another crucial factor when creating an airport city since it is critical to provide efficient people mobility. The study (LIOU, Chao, et al., 2018) explains how to build a successful aerotropolis using a hybrid model in the face of information ambiguity.
The essay writers describe how airports are evolving from transportation hubs to economic centers in various regions of the world. Aerotropolis, according to the writers of the article, is the progressive transition of transportation hubs into economic centers. Additional research, particularly from a long-term policy and planning perspective, is required to develop an aerotropolis. A multi-criteria decision-making approach is frequently used to investigate essential elements that must be considered to create an aerotropolis successfully. The article by (LIOU, Chao, et al., 2018) explains how to build a successful aerotropolis using a hybrid model in the face of information ambiguity. The essay writers describe how airports are evolving from transportation hubs to economic centers in various regions of the world. Aerotropolis, according to the writers of the article, is the progressive transition of transportation hubs into economic centers. Additional research, particularly from a long-term policy and planning perspective, is required to develop an aerotropolis. A multi-criteria decision-making approach is frequently used to investigate essential elements that must be considered to create an aerotropolis successfully.
The difference from the article by (LIOU et al., n.d) is that the article emphasizes the difficulties of converting an airport into an aerotropolis. The authors of the essay discuss how putting too much emphasis on physical infrastructure might fail to recognize the relevance of social infrastructure. While many nations are racing to create aerotropolis, little study is being done on how to do so, which might fail to integrate crucial social aspects since the focus is on physical infrastructure. The hybrid model is one of the models that can assist in the construction of an aerotropolis. The suggested approach is based on an analytical network method and includes a decision-making trial and assessment laboratory. The writers of this piece, like the authors of another literature review in the series, emphasize the importance of proper data collection and analysis.
The VIKOR approach, which may be used to prioritize improvement gaps, is one example of an analytical tool utilized in this respect. While applied properly, hybrid MCDM can provide a way for identifying improvements and gaps that can be used to tackle real-world issues that arise when converting an airport into an aerotropolis. The aerotropolis is a crucial economic engine in the twenty-first Century. It’s characterized as “an urban complex centered around an airport in planning, infrastructure, and economics.” The aerotropolis, like the classic metropolis, is made up of an airport city center and surrounding corridors and clusters of aviation-related industries and adjacent residential projects.” The aerotropolis significantly influences an area’s economic growth (Flores-Fillol et al., 2016). It provides organizations with quick access to domestic and international clients, suppliers, and partners. The creation of the aerotropolis is also anticipated to boost demand for air travel and encourage the expansion of companies near airports.
Finally, the three sections cover key aspects of the development of aerotropolises. The desire to build and improve airports has increased with the rising demand for air travel. The three articles investigate how airports attract various types of services. For example, the author of one of the articles discusses how the value of land near an airport improves. A lot of businesses and people prefer to be near an airport. Companies may easily reach foreign markets when they are located near an airport. As a result, businesses, service providers, and consumers are all fighting for land. Increased demand for land, changes in land use, local population employment, and economic growth are all effects of aerotropolises. It’s crucial to think about several models that will lead to the effective growth of aerotropolises because failing to do so might result in a population’s social services being neglected. Different tactics and analytical tools are used to build aerotropolises in the literature evaluations from the articles.
Flores-Fillol, R., Garcia-López, M. À., & Nicolini, R. (2016). Organization of land surrounding airports: the case of the aerotropolis. Land Economics, 92(1), 57-81.
Liou, J. J., Hsu, C. C., Li, C. S. J., Pineda, P. J. G., & Chang, G. W. (2018). Developing a successful aerotropolis by using a hybrid model under information uncertainty. Technological and Economic Development of Economy, 24(3), 1080-1103.https://doi.org/10.3846/20294913.2017.1289484
Wium, D., & Coetzee, M. (2014). Africa’s first aerotropolis in Ekurhuleni-will it foster economic growth? Civil Engineering (10212000). 2014;22(1):32-34 http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN