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TRB’s Airport Cooperative Research Program (ACRP) Report 47: Guidebook for Developing and Leasing Airport Property explores issues associated with developing and leasing available airport land and summarizes best practices from the perspective of the airport sponsor.

The guidebook includes a diverse set of case studies that show several approaches airports have taken to develop and lease property for both aeronautical uses and non-aeronautical uses.

The project that developed the guidebook also produced two presentation templates designed to help airports in effective stakeholder communication regarding developing and leasing airport property. The templates, designed for a non-technical audience, provide content, examples, and definitions for a presentation to community stakeholders. The templates, one for aeronautical use development presentations, and the second for non-aeronautical use development presentations are available only online.

An ACRP Impacts on Practice related to ACRP Report 47 is available.

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Suggested Citation

National Academies of Sciences, Engineering, and Medicine. 2011. Guidebook for Developing and Leasing Airport Property. Washington, DC: The National Academies Press. https://doi.org/10.17226/14468.

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Publication Info

129 pages |  8.5 x 11 |  DOI: https://doi.org/10.17226/14468
Chapters skim
Front Matter i-ix
Summary 1-4
Chapter 1 - Introduction 5-9
Chapter 2 - Anatomy of a Lease 10-29
Chapter 3 - Airport Owner/Sponsor Role 30-48
Chapter 4 - Project Development Considerations 49-54
Chapter 5- Finance Overview 55-67
Chapter 6 - Summary of Best Practices 68-76
Appendix A - Case Studies 77-103
Appendix B - Acronyms 104-105
Appendix C - Glossary 106-122
Appendix D - References and Bibliography 123-126
Appendix E - Nominated Airport Projects 127-129

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