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Hochul: World-Class $9.5B Int’l Terminal to be Built at JFK Airport

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Edited by: TJVNews.com

New York Governor Kathy Hochul announced on Monday that the Port Authority of New York and New Jersey has reached a revised agreement with The New Terminal One (NTO)–a consortium of financial sponsors–to build a 2.4 million square foot state-of-the-art new international terminal that will anchor the south side of John F. Kennedy International Airport.

The $9.5 billion project will be built in phases and will create more than 10,000 jobs, becoming the fourth major terminal project announced by the Port Authority as part of a complete transformation of JFK into a world-class airport worthy of New York and the region. When completed, The New Terminal One will be the largest international terminal at JFK and aspires to be among the top rated airport terminals in the world.

The following is a transcript of Governor Hochul’s remarks:

“Well, we have some very exciting news here today and I’m delighted to be joined by the all-star team that represents us first in government, in labor, and, of course, at the Port Authority.

I just want to say, what we’re announcing here today is something that is hopefully jaw dropping for people. I want them to know that this is just the beginning. I’ll be speaking much more in my State of the State address, literally in a couple of weeks, about our bold vision to bring back this state after the pandemic and, number one, focusing on the health of the people, but also focusing on the health of the economy. Making sure that we don’t slide any further, that we go back to where we were and exceed that by tenfold.

Today, I’m proud to announce a [$9.5] billion public, private investment that’ll transform Terminal One into a state of the art facility. It’ll be 2.4 million square feet, it’s hard to imagine how large that is, but it’s going to be built on the current footprint of Terminal One, Terminal Two, and Terminal Three. That’s big, that is a large space.

It’ll have twenty-three new international gates. We are so interconnected with the rest of the globe. We want people to come from all over to find themselves right of the doorstep of New York so they line up the opportunity to come here, visit New York, visit our friends in New Jersey, visit upstate, and continue their journey across this nation. But come here first. Twenty-three new international gates–it’s going to be extraordinary.

We plan to be able to handle over twenty million customers a year. That’s incredible as well.

So, whether they arrived here in coach, when they arrive and open the doors and come into our terminal, it’ll be a first-class experience, premium first-class experience is what I’m predicting.

But when it is done, it’ll be an experience that is worthy of the name New York and worthy of the name John F. Kennedy. As John Kennedy once said, every accomplishment starts with the simple decision to try. We’ve done that, we are more than trying. We are going to get it done.”

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