JFK New Terminal One
Sector: Airport • Location: New York, United States
Source: Bond Buyer
New Terminal One at John F. Kennedy Airport is the largest public-private partnership in the country. The project has faced delays in installation of electrical and mechanical systems, pushing back its opening from the original June 1 date to a target between December and March. Construction is 90% complete, with remaining work including walls, electrical connections, testing, and inspections. The
- Status
- Under Construction
- Sector
- Airport
- Location
- New York, United States of America
- Updated
- 22 Jul 2026
- Source
- Bond Buyer
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | New Terminal One at John F. Kennedy Airport is the largest public-private partnership in the country. The project has faced delays in installation of electrical and mechanical systems, pushing back its opening from the original June 1 date to a target between December and March. Construction is 90% complete, with remaining work including walls, electrical connections, testing, and inspections. The project is a public-private partnership between the Port Authority of New York and New Jersey and a consortium including Ferrovial, JLC Infrastructure, Ullico, and Carlyle. The project has faced financial pressures due to delays and lagging airport traffic, with rating agencies assigning negative outlooks and warnings of potential downgrades if delays continue beyond March. |
Original sector | Infrastructure |
Budget |
Location
Country | United States of America (USA) |
State | New York |
City | New York |
Source
Source | Bond Buyer |
URL |
More Details
Record type | Project |
Sector | Airport |
Article published date | 2026-07-16 |
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