Port Authority Moves Ahead with LaGuardia Central Terminal Project

Consortium to Replace Aging Terminal Selected

By Paul Riegler on 28 May 2015
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LaGuardia as seen from the air earlier this month

The long-overdue Central Terminal Building replacement project at LaGuardia Airport is finally moving ahead.  The airport’s operator announced the winning bid Thursday to take on the $4 billion project.

The Port Authority of New York and New Jersey, which operates the airport, said it had selected the La Guardia Gateway Partners consortium, a partnership led by Swedish construction contractor Skanska, HOK, airport operator Vantage Airport Group, and four financial firms, Meridiam, Morgan Stanley, Citigroup, and Wells Fargo.

The agency also said it was considering adding as much as $400 million to include a “central entry portal” in the project.  The entry portal would incorporate a people-mover between the Central Terminal, also known as Terminal B, and Terminal C, which is used by Delta Air Lines and American Airlines’ US Airways subsidiary.

The current Central Terminal Building opened in 1964 and is home to ten airlines including Air Canada, American, Southwest, and United. The replacement project is expected to be completed by the third quarter of 2021, according to the Port Authority’s 2014-2023 capital plan.

(Photo: Accura Media Group)

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