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$3.9B New Terminal at JFK Gets Green Light

August 10, 2021

Via: ENR
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The pandemic-delayed plan to build a privately financed Terminal 6 at New York City’s JFK International Airport is back on track, following an Aug. 5 vote by the Port Authority of New York and New Jersey’s Board of Commissioners to approve a new lease agreement for the facility.

Originally set to begin construction in 2020, the new terminal was halted when COVID-19 cut JFK’s passenger volume by as much as 98%, threatening the viability of private-sector investment. Under the funding consortium’s restructured deal with the Port Authority, the new $3.9-billion, 1.2-million-sq-ft terminal is set to break ground in 2022, with the first of its 10 gates beginning service by 2025.

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