Press Release Article


PORT AUTHORITY BOARD APPROVES NEARLY $500 MILLION FOR EARLY PHASE OF NEWARK LIBERTY INTERNATIONAL AIRPORT’S NEW $2.3 BILLION TERMINAL A REDEVELOPMENT

Date: Dec 07, 2017
Press Release Number: 222-2017

Additional $258 Million authorized for related work on aircraft parking area, accommodation of a future

AirTrain alignment and to study the feasibility of consolidating airport’s rental car facilities

The Port Authority Board of Commissioners today approved $496 million for major landside and airside projects as part of the overall $2.3 billion Terminal A Redevelopment Program at Newark Liberty International Airport (EWR).

The board’s commitment will significantly advance the redevelopment program, which is designed to deliver a new terminal that will comprise one million square feet, accommodate 33 aircraft gates, provide a more efficient roadway network and create parking for about 3,000 vehicles.

Work authorized today includes extensive paving work and the milling of existing pavement; the demolition of buildings, concourses and satellites; installation of a new drainage system; construction of four new bridge structures, and taxi lane lighting and new curbing.

The new passenger terminal, to be known as Terminal One to avoid confusion with the existing operational Terminal A, is scheduled for a partial opening in 2021, with the facility expected to be fully operational in 2022. The redevelopment program, approved by the Port Authority board in March, projects the creation of 10,390 jobs, $998 million in wages and $3.93 billion in regional economic activity.

“Newark Liberty is experiencing unprecedented growth in passenger traffic, up about 7 percent this year and on pace to greatly exceed the record 40 million customers we served in 2016,” Port Authority Chairman Kevin O’Toole said. “As another record year for Newark Liberty and our entire airport system draws to a close, this vote reaffirms our agency’s commitment to modernizing our airports and delivering world-class customer service.”

“Today’s authorizations will help accelerate a program that everyone agrees is vital to the airport’s future success,” added Port Authority Vice Chairman Jeffrey Lynford. “And that success hinges on delivering operating efficiencies and enhancing the travel experience for tens of millions of customers who rely on Newark Liberty for their air travel needs.”

An additional $250 million was authorized today for two new projects directly tied to terminal redevelopment: $175 million to pave 40 airside acres to create needed aircraft parking positions, and $75 million for foundation work on new terminal frontage to accommodate a future AirTrain alignment. These projects, which are being funded through PFC collections and other offsets to the existing capital plan, will be implemented by program contractors concurrent with the Terminal A airside and landside work.

In addition, the board approved $8 million to analyze the feasibility of consolidating rental car facilities (CONRAC) to centralize operations of all rental agencies serving the airport, as well as the design and construction of a new 3,000-space public parking garage that would help serve Terminal One and could be integrated into the CONRAC facility. Pending the outcome of the feasibility study, a development agreement could come later next year.

The new Terminal One will have the capacity to accommodate 13.6 million passengers annually while retaining the flexibility for future growth and expansion, serve larger aircraft and meet changes in passenger demand. The current facility, opened in 1973, was designed to handle a maximum of nine million passengers per year.

For more information regarding the Terminal A project, please visit the redevelopment webpage.

Contact:
The Port Authority of New York and New Jersey
212-435-7777

Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency’s network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere. The Port Authority receives no tax revenue from either the State of New York or New Jersey or from the City of New York. The agency raises the necessary funds for the improvement, construction or acquisition of its facilities primarily on its own credit. For more information, please visit http://www.panynj.gov.


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