Construction of Melbourne Airport’s $500 million Naarm Way project, which will transform the way passengers access Terminals 1, 2 and 3 from late next year, has reached two key milestones.

A new three lane express ramp from the Tullamarine Freeway into the airport’s new free Pick Up and Drop Off zones is now connected to the T123 transport hub after the final Super-T beam was lifted into place last week.

A total of 162 Super-T beams have been lifted into place during construction, stretching almost half a kilometre and weighing almost 10,000 tonnes – the equivalent of 50 fully loaded 747 jumbo jets.

In the terminal forecourt, the final module for Melbourne Airport’s largest pedestrian bridge has been slid into place, with the new 19-metre-wide structure set to become the main link between the terminals and the new Pick Up and Drop Off zones in the T123 transport hub.

Parking capacity in the T123 car park has been reduced by more than 2,000 bays to facilitate construction of the new pick-up and drop-off zones, with parking price changes set to come into effect from Monday the 3rd of November to better manage growing demand for spaces.

Melbourne Airport Chief of Ground Transport, Property and Retail Jai McDermott said Melbourne remained Australia’s best value capital city airport, with spaces available from just $14 a day.

“By simply booking online passengers can lock in the best rates from as low as $14 a day, which is around a third of the cost you would pay at other capital city airports and even some regional airports,” he said.

“In recent years we’ve seen a big preference shift to parking over other modes of transport which has contributed to this surge in demand, and online bookings allow us to better manage capacity by giving us visibility over when people plan to arrive and depart.

“Naarm Way will be the biggest change to how passengers come to the airport since we opened in 1970 and it’s exciting to see the project taking shape.

“Our traffic modelling shows that without our new road network, passengers would be waiting an additional 28 minutes in peak periods by 2029.

“The new Pick Up and Drop Off zones will double our capacity, making it easier for people to drop off and pick up friends and family from Melbourne Airport.

“Relocating drop off and pick up into the T123 transport hub also allows us to commence a much-needed expansion of our international terminal out into the forecourt.”

The new Pick Up and Drop Off zones are expected to open in the second half of 2026.

Rate Changes for 24 hour period (drive up)
Value car park - $14 to $16
Terminal T123 – $54 to $59
Terminal T4 – No Change
Premium T123 - $84 to $89
Premium T4 - $84 to $89
Valet $84 to $99
60 minute free wait zone remains available