The Port Authority of New York and New Jersey has released a proposed $45 billion capital plan for 2026 through 2035, the largest investment package in the agency’s history. The plan advances major projects already underway and launches new improvements across the region’s transportation network.
Key funding areas include a rebuilt Midtown Bus Terminal, continued upgrades at JFK, Newark and LaGuardia airports, rehabilitation of bridges and tunnels, and expanded transit capacity. The proposal also prioritizes modernization and resilience across the agency’s facilities.
If approved, the plan will guide a decade of construction and regional investment and support the long-term reliability of critical infrastructure in New York and New Jersey.
Read the full story from Construction Dive here: https://www.constructiondive.com/news/port-authority-record-capital-plan/805737/
