Gov. Kathy Hochul on Monday announced a $9.5 billion new plan for an international terminal at JFK Airport after the project was halted because of the pandemic.
Construction of the sprawling 2.4 million square-foot terminal is expected to begin in mid-2022 and the project will create over 10,000 jobs, according to the governor.
Dubbed The New Terminal One — it will be built on the sites of the airport’s existing terminals 1, 2 and 3.
The governor’s office said the massive cost will be covered by a consortium of private backers.
As part of the project, the Port Authority of NY and NJ will be tasked with upgrading roads, parking and utilities at the airport, officials said.
The new terminal is expected to open in 2026.
At a Thursday meeting, the Port Authority Board of Commissioners will vote on the proposed lease agreement.
“As we recover from this pandemic, I want to ensure that everyone traveling to New York has a welcoming and streamlined experience, and that New Yorkers have the modernized transportation hubs they deserve,” Hochul said in a statement.
“The time to get large infrastructure projects done is now, and I’m committed to getting JFK’s brand new Terminal One underway and completed as soon as possible.”