Skanska team submits final proposal for major LaGuardia Airport P3 project

The Skanska team on May 20 turned in its final submittal for the Central Terminal Building Replacement Project at New York’s LaGuardia Airport. Our team’s hope and expectation is that the 20-plus-box submittal will turn into a large public-private partnership project that would involve three Skanska business units – Infrastructure Development, USA Building and USA Civil – working to improve the flying experience for New Yorkers.

This project – with design, build, finance, operate and maintain responsibilities – involves a new central terminal building, parking garage and central heating and refrigeration plant. We expect the client – the Port Authority of New York and New Jersey – to name a preferred proposer in the third quarter of this year. The Port Authority has not published its estimated value of the terminal project, but it’s part of a $3.6 billion redevelopment program.

The Skanska team – called LaGuardia Gateway Partners – is comprised of Skanska Infrastructure Development, Vantage and Meridiam for development and equity. The construction team is comprised of Skanska USA Building and Skanska USA Civil (together 70 percent) with Walsh Construction (30 percent). The design team is Parsons Brinckerhoff with HOK.

“This proposal not only reflects the client’s requirements, but the creativity and commitment of our exceptional team,” said Karl Reichelt, Infrastructure Development executive vice president. “There was a tremendous team effort—as our first project with both Civil and Building—my sincere thanks for an outstanding, committed partnership.”

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