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Bosses at MAG Developments,Manchester Airports Group's property arm, are set to submit a planning application within weeks for the scheme's main link road, with work set to start by spring and due for completion in 12 15 months.
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The whole plot will have a "central business district," linked to the airport terminals and its new Metrolink station by a series of "green bridges", modelled on those found in New York's elevated urban park the Highline.
Manchester Airports Group chief executive Charlie Cornish said: "Airport City is a concept we have been developing for a number of years and we are now at a critical stage in the project's life as we bring it to the market and commence phase one.
MAG is also gearing up to carry out vital infrastructure work, such as landscaping, utility provision and the installation of high speed broadband, all of which it will fund itself. That work will take up to three years to complete but will done in a way that allows individual office blocks and hotels to be built during the process.
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The project, set to create up to 21,000 jobs, will be split into two zones, the first of which will be made up of 1.85m sq ft of hotel, office, retail and advanced manufacturing space, all next to Manchester Airport's existing train station.
Next month, MAG will launch the search for a developer, a process which will run for six months.
"We were enthused by the Nike Hoodie Nba government's recognition of Airport City's potential when it was named as the focal point of their new enterprise zone, as we feel that this project presents a generational opportunity not only for the wider region, but nationally in order to attract new investment to the UK during the economic downturn."
Of those, 60 are considered to be "potential occupiers," with advanced discussions already under way with potential tenants in the freight forwarding, aviation, leisure and advanced manufacturing sectors.
650m Airport City master plan unveiled
When the 150 acre Airport City is complete, there will be 1.5m sq ft of offices, 650,000 sq ft of advanced manufacturing space, up to 100,000sq ft of retail and leisure units, around 2,400 new hotel beds and 1.4m sq ft of logistics and warehousing units.
Another key feature will be a landscaped 800m long "Central Park" style public realm, with elements similar to those found in a city centre, such as shops, coffee houses, bars and restaurants. There will also be a large event space and a series of pavilions.
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That will mean every part of the northern section of Airport City is within an eight minute walk from the airport's coach, bus and rail hub.
Chancellor George Osborne was today unveiling the blueprint, which for the first time maps out exactly how the scheme, granted enterprise zone status by the government, will take shape.
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