MarketPlace Development: Taking Airport Retail to New Heights
Metropolitan Museum of Art Store in the Central Terminal, LaGuardia Airport
 
   
LaGuardia
     
 
 

Leasing

Ringing Up Revenues!

The millions of travelers and employees using the Central Terminal each year translate into high volume retail traffic for the Airport’s shopping and dining venues. Here are some vital statistics about the CTB and its strong base of customers:

  • Eleven million passengers travel through the CTB each year.
  • The CTB is served by 13 airlines
  • 8,000 airline and airport employees populate the airport 24 hours a day, 7 days a week.
  • LGA boasts 450 daily domestic non-stop flights to 61 destinations and 34 non-stop flights to five international destinations.
  • Approximately 36% of passengers are traveling for business and 47% live in Manhattan.
  • In 2005, sales averaged $1,350 per square foot, with 43% of tenants exceeding $1,500 per square foot.
  • The average CTB passenger demographics are higher than for most
    mall shoppers:
    • Annual household income of $97,000
    • Most likely employed as a professional or executive
    • 43 years old and married

Taking Charge

MarketPlace Development is responsible for the development and management of this award-winning food and retail redevelopment program in the Central Terminal. For further information, please contact:

Leasing Department
MarketPlace Development
One Wells Avenue, Suite 205
Newton, MA 02459
617-243-7400
leasing@marketplacedev.com