Rotorua Airport chief executive Mark Gibb said the team was "extremely honoured" to be nominated for the award.
"In a lot of ways the Property Industry Awards are a benchmark for commercial property development, so we are pleased to see acknowledgement for this significant kaupapa, which continued to progress through the impacts of Covid-19.
"It was incredibly important to us to have full bilingual signage incorporated into the redesign and we are committed to continuing to work with mana whenua on this kaupapa," he said.
Gibb said the redevelopment had been a complex project, with many changing facets and developments throughout the two-year journey.
"Rotorua Airport is a gateway to the Rotorua region, the wider Bay of Plenty and Central North Island and this redevelopment has allowed for the space to be completely refreshed with wonderful new facilities designed to enhance the customer experience."
Anaha Hiini, of Kōtihi Reo Consultants Limited, helped Rotorua Airport with its bilingual journey.
"It is always a privilege to be gifted the opportunity to promote, revitalise and perpetuate te reo Māori.
"I am grateful to have contributed to helping our city become bilingual, but in particular, showcasing our indigenous language at a significant location such as our airport.
"I am proud of our airport whānau who have worked hard to ensure that te reo Māori is prevalent and recognised as visitors arrive and depart our city," Hiini said.
Rotorua Airport's new bilingual signage was also applauded at another award ceremony with Speedy Signs winning the Supreme Award at the recent Speedy Signs National Awards for its work building and installing the signs.
The Property Council New Zealand Rider Levett Bucknall Property Industry Awards culminate at the awards dinner in August.