Governor Kathy Hochul announced today that JFK Airport is set to receive $9.5B in funding for a new international terminal after the Port Authority of New York and New Jersey reached an agreement with The New Terminal One (NTO).
The project, funded privately by the NTO consortium which includes financial partners Carlyle, JLC Infrastructure, and Ullico, will total $9.5 billion and make way for a 2.4 million square foot international terminal “that will anchor the south side of John F. Kennedy International Airport,” shared the press release.
With such an extensive project, the process will be completed in phases, creating more than 10,000 jobs.
Though construction was originally set to start in 2020, the pandemic’s impact on air travel had pushed plans back. Construction is now expected to begin in 2022, with new gates to open by 2026, and the terminal to officially be completed by 2030.
“As we recover from this pandemic, I want to ensure that everyone traveling to New York has a welcoming and streamlined experience, and that New Yorkers have the modernized transportation hubs they deserve,” Governor Hochul said. “The time to get large infrastructure projects done is now, and I’m committed to getting JFK’s brand new Terminal One underway and completed as soon as possible.”
The project is part of JFK’s complete transformation plan that will make The New Terminal One JFK’s largest international terminal.
According to the release, The New Terminal One will include:
- 23 new gates
- Bright & airy check-in halls and arrival spaces
- Touchless passenger journey
- Digital passenger flow and queue management
- TSA security lanes featuring advanced video search analytics & biometric-based systems
- New York-inspired dining and retail amenities
- Lounge areas
- Indoor green space
- Family-friendly amenities
- Electric-powered baggage tractors and belt loaders
Find out more here.