PANYNJ to invest $4.5bn in airport upgrades, transport projects
October 30, 2019 – The Port Authority of New York and New Jersey (PANYNJ) will invest $4.5bn in new projects to rebuild legacy facilities, create customer-friendly standards and build new infrastructure to meet the increase in passenger traffic at three major airports run by the authority.
The investment will be made in John F Kennedy International, Newark Liberty International and LaGuardia airports as the facilities and infrastructure are not capable of accommodating current and future travel demand and modern aircraft.
The PANYNJ Board of Commissioners has authorised $2.05bn to develop AirTrain LaGuardia project to connect customers to the AirTrain via the Long Island Railroad’s Port Washington line or the MTA’s No 7 line subway.
The project includes two stations on-airport and one to serve the two rail Mets-Willets Point stations, as well as an Operations, Maintenance and Storage facility adjacent to the station at Willets Point where parking space will also be provided to 500 LaGuardia Airport employees.
The board has authorised $2.05bn for a new AirTrain Newark, which will serve Newark Liberty International Airport. The AirTrain will replace the three-mile monorail system that opened in 1996.
AirTrain Newark will provide access to the Northeast Corridor Rail Link and allow passengers to transfer between terminals, parking lots and rental car facilities. Final design and construction of the AirTrain is targeted in 2021.
The board has authorised $35m for vision and master planning initiatives for the replacement of Terminal B at Newark Liberty International Airport with a modern Terminal Two.
Terminal B, which opened in 1973, is not designed to meet the current day needs of air travellers and already exceeds capacity for the number of passengers it can handle.
The board also approved $445m for early work items for the development of the $13bn JFK Redevelopment Program, which will include new aircraft hardstand parking.
New York Governor Andrew Cuomo announced a $13bn investment to rebuild John F Kennedy International Airport in October 2018.
The rebuilt airport will have two modern international terminal complexes on the north and south sides.
The Port Authority is holding discussions with JetBlue and the Terminal One Group Association, which are expected to build the two terminals. American Airlines is taking up an expansion of Terminal 8.
The authority’s capital plan includes $2.9bn to be spent on Port Authority infrastructure.
Early work initiatives will include the demolition of three buildings, relocation of the American Airlines employee parking, reconstruction of new aircraft hardstand parking, and repaving of the former Building 80 site to create new aircraft hardstand parking.