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 will feature 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 (Terminal B) in 2018
1.3 million f²
Terminal Expansion Project
LaGuardia Terminal B will be flooded with natural light, offer short walking distances to the gates and feature local design influences throughout the space to convey a uniquely New York sense of place.
“LaGuardia is an essential gateway to our state for millions of residents and visitors. By transforming it into a world-class airport, we are creating a stronger economy with 21st century infrastructure that represents the very best of New York.”
Andrew M. Cuomo, New York Governor