The New Terminal One (NTO) at John F. Kennedy International Airport is a bold and exciting project to develop a world-class, international terminal that will serve as a global gateway to the New York metropolitan area and the United States. NTO will set a new standard for design and service, aspiring to obtain a Top 5 Skytrax ranking and be considered one of the finest airport terminals in the world. The $9+ billion first phase is the largest single-asset project financing in US history.

The New Terminal One will be built on sites now occupied by Terminal 1, the recently closed Terminal 2, and the former Terminal 3, where it will anchor JFK's south side. Construction will take place in phases. The first phase, including the new arrivals and departures halls and the first set of 14 new gates, is expected to open in 2026.