Worldwide airport management company Vantage Airport Group has begun a $4bn revamping programme of the Central Terminal (Terminal B) at LaGuardia Airport in New York City, US.
Under the scope of the project, the terminal will be completely reconstructed and a central hall built to create a single, unified airport.
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Vantage will oversee the construction, operation and commercial development of the terminal building and the central hall, as well as transitioning management to the new building and continuing operations until 2050.
The terminal construction project will be executed in phases over the next six years.
Spanning an area of 1.3 million square feet, the new terminal will feature dual pedestrian bridges covering active taxi lanes.
Vantage Airport Group president and chief executive officer George Casey said: "The redevelopment of LaGuardia’s Central Terminal, which welcomes 14 million passengers annually, involves the largest public-private partnership for new transportation infrastructure in the US.
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By GlobalData"Vantage looks forward to helping transform LaGuardia into a world-class airport for the flying public and our airline partners.
"Vantage takes pride in its knowledge of, and expertise in, airport management, having worked with 28 airports worldwide, including taking 20 facilities from public to private management."
Vantage is a part of the LaGuardia Gateway Partners consortium, which also includes Skanska-Walsh as a joint venture; Skanska and Meridiam as development and equity investment partners; and HOK and WSP / Parsons Brinckerhoff for design.
