Penn Station Reconstruction
Sector: Rail • Location: New York, United States
Source: Bond Buyer
The Trump administration has selected Penn Transformation Partners, led by Halmar International, Skanska, and Vornado, as the master developer for the reconstruction of New York's Penn Station. The project aims to renovate and increase the capacity of the nation's busiest transit hub, with a design inspired by the original architectural gem and fitting with nearby structures like Madison Square Ga
- Status
- Prospective
- Sector
- Rail
- Location
- New York, United States of America
- Updated
- 22 Jul 2026
- Source
- Bond Buyer
ConstructChat
Ask ConstructChat about Penn Station Reconstruction
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
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 | The Trump administration has selected Penn Transformation Partners, led by Halmar International, Skanska, and Vornado, as the master developer for the reconstruction of New York's Penn Station. The project aims to renovate and increase the capacity of the nation's busiest transit hub, with a design inspired by the original architectural gem and fitting with nearby structures like Madison Square Garden and Moynihan Train Hall. The administration plans to spend $8 billion on the project, with additional funds from Amtrak and NJ Transit. Groundbreaking is scheduled before the end of 2027. |
Original sector | Public-private partnership |
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 | Rail |
Article published date | 2026-05-24 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project
More Rail projects in United States
- Elgin O’Hare Western Access Project, Illinois
- Goethals Bridge Replacement Project, New York
- Frederick Douglass-Susan B Anthony Memorial Bridge (formerly Troup Howell)
- Gilmerton Bridge Replacement Project
- Grand Avenue Bridge, Glenwood Springs, Colorado, US
- I-635 LBJ East Project, Texas
- Hoover Dam Bridge and Bypass, Black Canyon, USA
- I-85 Corridor Improvement Project, North Carolina