The Board of Commissioners of the Port Authority of New York and New Jersey has authorized $600 million toward the construction of a new terminal that will replace Terminals C and D. PANYNJ is working in partnership with Delta Air Lines on the project.
Delta has agreed to finance the project, perform the construction and be responsible for any cost overruns, while the Port Authority’s investment would be capped at $600 million, with no responsibility for any cost overruns.
Delta’s new terminal at LGA will consist of 37 gates located on four concourses connected by a centralized check-in lobby, security checkpoint and baggage claim. Of the 37 gates, 33 will have access to dual taxi lanes, which will greatly improve airfield efficiency, resulting in reduced taxi time to and from the gate before take-off and after landing. The construction will commence as soon as possible, following regulatory approvals and final lease negotiations.
The terminal will feature a new, larger Delta Sky Club with a Sky Deck, wider concourses, larger gate hold rooms and more seating, as well as 30 percent more concessions space than the existing Terminals C and D. The facility will also offer direct access between the parking garage and terminal, improved roadways and drop-off/pick-up areas, and a curbside check-in bypass leading directly into the security checkpoint. The design of the new terminal will integrate sustainable technologies and improvements in energy efficiency.
“On behalf of the more than 10,000 New York-based employees who are part of the fabric of this community, we take great pride in Delta’s role in rebuilding one of the world’s busiest and best-known airports in the city that we all call home,” said Henry Kuykendall, Delta vice president-New York. Delta operates a major hub at LGA, with about 275 daily departures from Terminals A, C and D.
Pending approval from the Federal Aviation Administration, work on the Delta phase of the project could begin as early as 2017, with a targeted completion date of 2024. A portion of the new terminal is expected to open in 2020.
Including the prior authorization for LaGuardia’s new Terminal B, the overall cost of the airport’s redevelopment is estimated at $8 billion, with approximately 80 percent funded through private financing and existing passenger fees.
