Vantage led LaGuardia Gateway Partners (LGP) to financial close and lease commencement of the $5.1 billion LaGuardia Airport Terminal B redevelopment project. Vantage is an equity shareholder in LGP, oversaw the redevelopment of the new terminal, and manages all aspects of terminal operations through a management services agreement and long-term lease with the Port Authority of New York and New Jersey.
New Terminal Investment
The LaGuardia Terminal B redevelopment project is one of the largest public-private transportation infrastructure projects in U.S. history.
Terminal B features dual pedestrian bridges spanning active aircraft taxi lanes – a first in the world – with sweeping views of the airfield and Manhattan’s skyline.
1.3 million f²
The new LaGuardia Terminal B is flooded with natural light, offers short walking distances to the gates and features local design influences throughout the space to convey a uniquely New York sense of place.
LaGuardia Terminal B is the 2023 recipient of global passenger ranking organization Skytrax’ award for Best New Airport Terminal in the World and the only North American airport terminal to earn the highest 5 Star Skytrax ranking for terminal excellence.