The aging Manhattan transit terminal, the world’s busiest, will receive a $10 billion revamp and expansion.
The Port Authority of New York and New Jersey will begin a $10 billion replacement and expansion of its midtown Manhattan bus terminal, the world’s busiest. As Sri Taylor explains in Bloomberg CityLab, the agency secured approval of its environmental review from the Federal Transit Administration, paving the way for construction to begin in 2025.
The new midtown bus terminal will replace the existing over 70-year-old facility, and will include a new 2.1 million square-foot main terminal, a separate storage and staging building, and new ramps leading in and out of the Lincoln Tunnel. The revamp also entails the permanent closure of a portion of 41st Street between Eighth and Ninth avenues, a central main entrance, more street-facing retail, a soaring multi-story indoor atrium and new public open space.
The terminal is expected to fully open in 2032, with a temporary terminal scheduled for completion in 2028.
FULL STORY: NYC’s Run-Down Bus Terminal Gets Approval for $10 Billion Revamp
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UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research