Penn Station Overhaul
Sector: Rail • Location: New York City, New York, United States
Source: CoStar
Penn Transformation Partners, led by Halmar and Skanska, has been selected as the private master developer to transform Penn Station in New York City. The project includes building a grand entrance on Eighth Avenue leading to a new train hall, replacing cramped walkways with open concourses, expanding track capacity, adding new retail, and improved wayfinding. The plan keeps Madison Square Garden
- Status
- Prospective
- Sector
- Rail, Government, Commercial
- Location
- New York City, New York, United States of America
- Updated
- 22 Jul 2026
- Source
- CoStar
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Penn Transformation Partners, led by Halmar and Skanska, has been selected as the private master developer to transform Penn Station in New York City. The project includes building a grand entrance on Eighth Avenue leading to a new train hall, replacing cramped walkways with open concourses, expanding track capacity, adding new retail, and improved wayfinding. The plan keeps Madison Square Garden in place with new cladding for a classical look. |
Original sector | Transportation |
Budget |
Location
Country | United States of America (USA) |
State | New York |
City | New York City |
Source
Source | CoStar |
URL |
More Details
Record type | Project |
Sector | Rail, Government, Commercial |
Article published date | 2026-05-23 |
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