Construction work begins on LaGuardia Airport redevelopment project

(Image: LGP)

LaGuardia Gateway Partners have signed a lease agreement and achieved sufficient financing enabling redevelopment work to commence at LaGuardia Airport.

(Image: LGP)

LaGuardia Gateway Partners (LGP), a consortium of Vantage Airport Group, Skanska and Meridiam, together with the Port Authority of New York and New Jersey have signed a lease agreement and achieved financing for the public-private partnership redevelopment of LaGuardia Airport’s Central Terminal B facility.

Commenting on the agreement, Port Authority Executive Director Pat Foye said, “With the beginning of this lease, our team brings its award-winning experience to the project and will deliver a sustainably-designed, state-of-the art facility at LaGuardia Airport.”

$4 billion public-private partnership for redevelopment of LaGuardia Airport

The $4 billion public-private partnership will enable the airport to construct a new 35-gate Terminal B, Central Hall, West Garage, related roadways and supporting infrastructure. During construction, the existing terminal will remain fully operational and flights will not be affected. New facilities will begin opening in 2018, with scheduled substantial completion in 2022.

(Image: LGP)

Completion expected in 2022

“Today is a milestone step forward for the project, the broader New York community and the nation,” said Stewart Steeves, Chief Executive Officer of LaGuardia Gateway Partners. “With the beginning of this lease, our team brings its award-winning experience to the project and will deliver a sustainably-designed, state-of-the art facility at LaGuardia Airport.”

“Our focus on delivering a great customer experience is rooted in knowing that an airport terminal is the first and last experience a passenger may have when visiting a city and region. We will build and operate a facility that New Yorkers can be proud of,” added Mr Steeves.

Dual pedestrian bridges spanning active aircraft taxi lanes

The new LaGuardia Central Terminal B will feature dual pedestrian bridges spanning active aircraft taxi lanes—a first in the world—that connect the terminal to two island concourses. This islands and bridges design allows for improved airline circulation and gate flexibility, which will help reduce airport delays.

(Image: LGP)

Inside the new facility, there will be food, retail and beverage options that reflect regional and national offerings. The terminal will be flooded with natural light at all levels, have short curb-to-gate walking distances, and have spacious and comfortable waiting areas with more seating capacity.

George Casey, President and CEO, Vantage Airport Group and LGP Chairman of the Board, added: “I’m proud to see Vantage Airport Group oversee the construction and operations on such a ground-breaking project. We take the responsibility seriously, and look forward to working with the Port Authority of New York and New Jersey and our many airport stakeholders on delivering a terminal that meets the high expectations of the state and city of New York.”