NEW YORK CITY—Gov. Andrew Cuomo, along with executives from Delta Airlines, officially commenced construction on the $4-billion expansion of the airline’s facilities at LaGuardia Airport in Queens.
At the press conference staged at LaGuardia Airport on Tuesday, Gov. Cuomo also reported that construction on the Moynihan Train Hall project, part of the $1.6-billion Penn-Farley complex aimed at upgrading Penn Station, would start in the next two weeks.
A highlight of the press event was Gov. Cuomo and Delta Air Lines CEO Ed Bastian officially signing a long-term lease agreed to earlier this year to build its new terminal facility at LaGuardia, which was followed by a host of airline and state officials holding a groundbreaking ceremony.
Delta is investing $3.4 billion to construct the eastern half of the new LaGuardia. The western half, as well as the roadways, are already under construction following a groundbreaking in June 2016. The first new gates are scheduled to open next year and the new airport is on track to be fully completed by 2021, state officials said.
Delta’s new terminal at LaGuardia will consist of 37 flexible-gauge gates, each capable of accommodating aircraft ranging from regional jets to Delta’s full fleet of narrowbodies. Four concourses will be connected by a centralized check-in lobby, security checkpoint and baggage claim
The Port Authority is committing $600 million to the project that includes $200 million towards the new Delta facilities, as well as the construction of new concourses and ramps; $185 million for a new electrical substation to support the power requirements of the new building, plus an expansion of the East Garage and temporary parking during construction; and $215 million for new roadway and additional supporting infrastructure.
The governor also reported that LaGuardia Gateway Partners, the consortium that is building the western half of the airport, has reached an agreement with JLC Infrastructure, a joint venture comprised of Magic Johnson Enterprises and Loop Capital Markets LLC, to become the MWBE investor with LGP. No financial details of the transaction were released, but state officials note that the deal will mark the first time in state history there will be an MWBE firm investing equity in a public-private construction project.
Gov. Cuomo said. “The groundbreaking at Delta’s facilities represents another step forward as we build an entirely new airport at LaGuardia. Together with our private sector partners, we are making rapid progress to create the world-class gateway to the Empire State that New Yorkers deserve.”
“This is a historic day for Delta as we break ground on our state-of-the-art facility at LaGuardia Airport,” Delta Air Lines CEO Bastian said. “This investment underscores our commitment to LaGuardia, to New York and to providing our customers and employees here and across the state with a world-class experience at one of our most important hubs.”
Delta Airlines has spent more than $2 billion at its facilities at John F. Kennedy Airport and LaGuardia Airport over the past decade.