Quote:
Originally Posted by deasine
Bare in mind though retail expenditures in Alberta, notably more in Calgary than Edmonton however, are relatively high for a smaller population, which is due to the high average income levels of Albertans. Results in 2014 will probably be different due to the economic slowdown (not that we can get any good accurate data anymore with the removal of mandatory census...).
As you mentioned, other airports in Canada have also engaged in this but in other forms of real estate. I'm not in any position to disclose further information of which ones and what forms, but these types of land uses have also been discussed in this thread.
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It's actually quite common internationally as well. Many examples of airports engaging in non-aviation development to maximize revenues and turn the airport into a 'destination.' Hong Kong and Singapore are good examples, where the airport isn't just a place to catch your flight, but see a movie (the IMAX in HK airport is great, BTW), play golf, attend a convention/exhibition or shop. Seoul Incheon is developing a huge entertainment complex and casino aimed primarily at visiting mainland Chinese tourists.