Port Authority of New York and New Jersey has approved a public-private partnership (PPP) agreement with JFK Millennium Partners (JMP) to build a new US$3.9 billion state-of-the-art Terminal 6 at JFK International Airport in the USA.
JFK Millennium Partners consortium comprised of JetBlue Airway, Vantage Airport Group, American Triple I (ATI) and RXR Realty. With this approval, the authority will finalize and enter into a lease agreement with JMP for the construction of the 1.2 million square foot new terminal. The project will be privately financed by the JFK Millennium Partners consortium. It will be built on the sites of the former Terminal 6, which was demolished in 2011.
The new terminal will create an anchor on the north side of the airport and will connect to Terminal 5. Terminal 6 will be equipped with the capacity for ten new gates, as well as bright and airy check-in halls and arrival spaces designed to improve customer experience. In addition, it will feature more than 100,000 square feet of commercial dining and retail amenities, lounges, and recreational spaces.