The K64 masterplan identifies great potential to showcase Iceland’s unique environment while creating an exceptional arrival experience at the Keflavík Airport terminal building, adding to the already ambitious plans put forward by Isavia, the country’s airport operator.
The proposed land-side forecourt development to the north of the terminal may include a destination plaza as a receptor spine organising a series of activities around it, including commercial, car-rental facilities, event spaces, co-working areas and learning zones amongst others.
Furthermore, additional programs proposed for the forecourt area include a visitor centre, hotels, a coordinated car rental terminal and a terminal of the Keflavik Reykjavik Link (a high-quality transit between Keflavík Airport terminal and the capital area).
Read more about the future development of Keflavik Airport here.
The available property is state-owned lots leased for a period of 50 years. The annual rent is the higher of the following: either 2% of the lot’s assessed value for industrial lots, 1.5% of the lot's assessed value for residential lots, or ISK 131.5 per square meter according to the construction costs index as of December 2023.
