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Market
Which company will be selected as the main contractor for the Port Authority Bus Terminal by mid-2025?
2
Resolution / Starting Odds
Bechtel • 25%
Skanska • 25%
Turner Construction • 25%
Other • 25%
Official press releases from the Port Authority or industry news outlets
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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Similar markets
Yes • 50%
No • 50%
Company A • 25%
Company B • 25%
Company C • 25%
Other • 25%
Fully completed • 25%
Partially completed • 25%
Not started • 25%
Abandoned • 25%
Bechtel • 25%
Fluor Corporation • 25%
Skanska • 25%
Other • 25%
Yes • 50%
No • 50%
Company A • 25%
Company B • 25%
Company C • 25%
Other • 25%
Bechtel • 25%
Fluor Corporation • 25%
Jacobs Engineering • 25%
Other • 25%
Very positive • 25%
Somewhat positive • 25%
Neutral • 25%
Negative • 25%
Company A • 25%
Company B • 25%
Company C • 25%
Other • 25%
Governor Kathy Hochul • 25%
Mayor Eric Adams • 25%
MTA Chairman Janno Lieber • 25%
Other • 25%
Significant improvement • 25%
Moderate improvement • 25%
No change • 25%
Worsening conditions • 25%
Bechtel • 25%
Fluor Corporation • 25%
Skanska • 25%
Other • 25%