Vantage led the LaGuardia Gateway Partners (LGP) consortium to financial close and lease commencement of the $5.1 billion LaGuardia Airport Terminal B redevelopment project. Vantage is an equity shareholder in LGP, and is overseeing the redevelopment and managing operations of the terminal through a management services agreement with LGP.
Planned Terminal Redevelopment
The LaGuardia Terminal B redevelopment project is the largest transportation P3 infrastructure project 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.
Total Passengers in 2019
1.3 million f²
Terminal Expansion Project
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 2021 recipient of the prestigious UNESCO’s 2021 Prix Versailles, the global architecture and design award, for best new airport in the world. A panel of international judges selected the new terminal for its successful integration of both culture and commercial functionality into its architecture.