Port Authority Bus Terminal

Rendering of the new Midtown Bus Terminal, courtesy of Port Authority of New York and New Jersey

Funding Approved For New Port Authority Bus Terminal In Midtown, Manhattan

Governor Kathy Hochul, New York City Mayor Eric Adams, and the Port Authority of New York and New Jersey (PANYNJ) have agreed to work together to finance a $10 billion project to replace and expand the Port Authority Bus Terminal in Midtown, Manhattan. The city has agreed to allocate 40 years of tax revenue from three new commercial developments to fund the project, which has been designed by Foster + Partners. The tax allocation is expected to generate around $2 billion and cover approximately 20 percent of the total anticipated $10 billion cost of construction for the project.

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Renderings Revealed for Port Authority Bus Terminal Overhaul in Midtown, Manhattan

Last week, the Port Authority of New York and New Jersey (PANYNJ) revealed a pair of renderings for its proposal to reconstruct Port Authority Bus Terminal in Midtown, Manhattan. The $10 billion project is being designed by Foster + Partners and will replace the rundown 74-year-old, 2.1-million-square-foot structure that spans two city blocks between Eighth and Ninth Avenues and West 40th and 42nd Streets. The bi-state agency submitted a draft Environmental Impact Statement (EIS) last Thursday to the Federal Transit Administration, which green-lit a 45-day public comment period. Four hearings will be held from February 20 to 22.

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Site plan and renderings of the new Midtown Bus Terminal and proposed mixed-use towers - Courtesy of Foster + Partners

Foster + Partners, Epstein Announced as Architectural Advisors for Port Authority’s Midtown Bus Terminal in Times Square, Manhattan

The Port Authority of New York and New Jersey has selected Foster + Partners and Epstein to help reimagine Manhattan’s 72-year-old Midtown Bus Terminal in Times Square. The replacement project will create a new terminal for New York City buses, dedicated spaces for intercity buses, staging areas, electric vehicle charging stations, outward-facing retail, and 3.5 acres of public green space.

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Port Authority Bus Terminal to Receive Multi-Billion-Dollar Overhaul in Midtown, Manhattan

New renderings reveal a total overhaul of Port Authority Bus Terminal that would modernize and brighten the notoriously blighted Midtown transit hub. The Port Authority of New York & New Jersey recently announced a $10 billion renovation planned to begin in 2024 and complete around 2031, and is expected to be built without the need to expand beyond the current boundaries of the terminal, which is located on two parcels of land between Eighth and Ninth Avenues and West 40th and 42nd Streets. New York Governor Andrew Cuomo praised the much-needed transformation of the site in the hopes of becoming a “world-class transportation hub worthy of New York.” No announcement has been made on the architect for the project.

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Rendering of the new Penn Station - Office of Governor Andrew M Cuomo

Governor Andrew Cuomo Announces 2021 Agenda to Improve New York State Infrastructure

Governor Andrew Cuomo this week unveiled a multi-billion dollar initiative to revitalize and rebuild infrastructure across New York State. Entitled “Reimagine | Rebuild | Renew,” the 2021 agenda is touted as the largest state infrastructure plan in the country and sets in motion the improvement of state roadways, public transportation, airports, and large swaths of Midtown, Manhattan.

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