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New York airport to build a new terminal for $ 9,5 billion

'14.12.2021'

Nurgul Sultanova-Chetin

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The most loaded new york airport is expected to be renovated at a cost of $ 9,5 billion. Governor Katie Hockool and Port Authority CEO Rick Cotton unveiled the latest overhaul plan for John F. Kennedy International Airport on December 13. It involves replacing two existing terminals with one with an area of ​​223 thousand square meters. Terminal 1 will have 23 gates serving international flights. Gothamist.

“When this is done, this airport will provide travelers with an experience worthy of New York and worthy of the John F. Kennedy name,” Hawkull said.

Large-scale construction project will be financed by private money. Investment and asset management firms will invest a total of $ 9,5 billion in exchange for ownership interests. Managing and Investing Companies: The Carlyle Group, Johnson Loop Capital Infrastructure and Ullico.

The Terminal 1 project was supposed to begin in 2020, but due to the COVID-19 pandemic, it was postponed for almost two years. This forced the private firms financing the project to renegotiate the terms of the contract. Construction is now expected to begin next year and continue for the next decade.

When is Terminal 1 scheduled to open?

The first two-thirds of the gates of the new Terminal 1 are slated to open by 2026, Cotton said. The second phase of construction is expected to be completed in 2028. That being said, the full project will be completed by about 2030.

Terminal 1 construction is the latest in a series of terminal overhauls at JFK. It will be by far the most expensive terminal in the airport.

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Once completed, customers can look forward to high ceilings and natural light throughout the terminal. Security checkpoints will also be expanded and Registration.... It will be built on the site of the current Terminals 1 and 2 and the former Terminal 3. It will occupy 134 acres (54 ha), which will also include extended roads and parking.

More than 2019 million passengers passed through the doors of JFK in 60. But during the 2020 pandemic, the number of passengers dropped to about 16 million.

In 2021, the number of air passengers increased, although not quite to the level before the pandemic. In August, JFK had around 3,7 million passengers on its dense travels. This is almost four times more than in the same month last year. But this is much less than in August 2019, when the airport saw off and met 6 million passengers.

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