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$17 billion is now the redevelopment investment for the “A New JFK”

$17 billion is now the redevelopment investment for the “A New JFK”

Congratulations to JFK Airport and terminal partners.

This week, February 13, the final pillar of progress in the JFK Redevelopment, terminal development, was passed by the Port Authority Board of Commissioners for the expansion and renovation of Terminal 4, with JFKIAT and Delta as partners. The previous investment stood at $13 billion. This T4 lease follows similar agreements for Terminal One, JetBlue, and American Airlines all of which have major redevelopment programs to kick-off in Spring of 2020. Infrastructure construction supporting airport growth includes electrical substation replacements, roadways reconfiguration, new North Cargo area buildings, a central ground handling transportation center, expanded AirTrain, recent taxiway and runway reconstruction. This plan was initiated by Governor Cuomo with the redevelopment of the iconic TWA Terminal, now the TWA Hotel, in early 2017. The redevelopment is occurring at the same time with projects at LaGuardia and Newark airports which are currently in construction. These airport projects will create the golden triangle of air transportation in metro New York. #jfkiat #delta #TOGA #JetBlue #American #jfkredevelopment #panynj #terminal4