LGP’s Founding Vision
From the outset, the vision for Terminal B was clear: to create more than an airport terminal—to deliver an experience that reflects the energy, ambition, and spirit of New York. Together, LaGuardia Gateway Partners and our valued Terminal B partners are united by a shared commitment to delivering an exceptional guest experience each and every day.
Public Private Partnership
LaGuardia Gateway Partners (LGP) was selected by the Port Authority of New York and New Jersey to deliver the new Terminal B through a $5.1 billion public-private partnership and to manage the terminal for 35 years. LGP is comprised of Vantage Group and Meridiam for development and equity investment, with Vantage Group leading terminal management. Completed in 2022, the project was delivered on time and on budget.
The Result
The result is a world-class terminal that fulfills that vision—seamless, efficient, and thoughtfully designed to elevate every step of the journey.
Watch Our Transformation
From Vision to Reality
Once defined by aging facilities and operational constraints, Terminal B has been transformed into a world-class gateway to New York City. The redevelopment introduces a new standard of design, efficiency, and guest experience—delivering a terminal that is as functional as it is inspiring.
How LGP Made it Happen
Financing
Terminal B’s transformation was made possible through a $5.1 billion public-private partnership—one of the largest in U.S. history and the largest in American aviation. This funding supported the construction of the 1.3 million square foot terminal, which began in June 2016 and was completed on time and on budget in 2022.
Operational Continuity
Keeping the airport fully open during construction demanded meticulous planning and coordination. The original terminal remained in use throughout the redevelopment, ensuring passengers and airlines continued moving seamlessly while the new Terminal B took shape.
Project Milestones
February 2018
Parking garage opens.
December 2018
Eastern Concourse opens.
June 2020
Arrivals & Departures Hall and first pedestrian skybridge open.
August 2020
First phase of the Western Concourse opens.
May 2021
Taxiway under first pedestrian skybridge opens.
December 2021
Second phase of the Western Concourse opens.
January 2022
Second skybridge opens, making LGA the only airport in the world with dual skybridges.
July 2022
Terminal B project wrap up.
Terminal B Design and Construction Facts
Construction totaled approximately 17 million work hours.
The project used 40,000 tons of steel and more than 3 million sq ft of paving asphalt and concrete.
The Arrivals and Departures Hall is made of almost 10,000 pieces of steel, weighing approximately 12,000 tons.
More than 300 talented Minority & Women Owned Businesses (MWBE) participated.