Market
Will the first phase of the new Port Authority Bus Terminal be completed by the end of 2027?
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Story
Federal Approval Secured for $10 Billion Replacement of World's Busiest Bus Terminal in Midtown Manhattan, Construction Starts in 2025
Dec 6, 2024, 03:56 PM
The Port Authority of New York and New Jersey has received federal approval to proceed with the $10 billion replacement of the aging Port Authority Bus Terminal in Midtown Manhattan. Construction is expected to commence in 2025, marking a significant advancement for New Jersey commuters. The new terminal aims to alleviate congestion and better serve the needs of local residents. This development follows years of planning and discussions regarding the future of one of the world's busiest bus terminals, which has been in operation for several decades. The project is anticipated to enhance the commuting experience for millions of travelers annually.
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