A plan announced last May to use a public-private partnership to rebuild the 1960s-era central terminal at New York’s LaGuardia Airport is only the beginning of a broader redesign of the entire airport, Gov. Andrew Cuomo announced this week. Delta Airlines has agreed to overhaul terminals C and D, which will be linked to the central terminal — referred to as Terminal B by travelers — and the entire complex will be moved 600 feet closer to Grand Central Parkway, reported The Wall Street Journal (paywall).
If the Port Authority of New York and New Jersey’s Board of Directors approves the Terminal B P3 project by early 2016, it could open to passengers in 2019 and be completed in 2021, according to Cuomo’s office.
The newly formed LaGuardia Gateway Partners will design, build, finance, operate and maintain the new terminal as part of a 35-year lease. The consortium includes Vantage Airport Group, Skanska and Meridiam.
Delta, which has a hub at La Guardia and has already spent about $260 million on improvements to terminals C and D since 2012, has not yet provided details about its plans to rebuild them. Cuomo administration officials said, however, that the construction would be conducted on a “parallel track” to terminal B.
Cuomo also announced that plans to redevelop John F. Kennedy International Airport’s TWA Flight Center Hotel will be conducted through a P3 among MCR Development, JetBlue and the Port Authority. “The $265 million construction project, which is expected to break ground next year, will generate 3,700 jobs and is expected to open in 2018,” said Tyler Morse, CEO of MCR Development. The hotel will contain 505 rooms and 40,000 square feet of meeting space. A full master plan to further develop JFK is under way.