They have become a key partner in The New Terminal One (NTO) consortium that is developing the US$9.5bn international terminal at New York John F. Kennedy International Airport (JFK), The Moodie Davitt Report can reveal.
URW, a leading global developer and operator of shopping destinations, has been named as the exclusive commercial developer and manager for the US$9.5bn, 2.4 million square feet terminal. The 23-gate NTO will house more than 300,000sq ft of dining, retail, lounges and recreational space.
URW’s Airports group, which operates at airports including Los Angeles, Chicago O’Hare, Miami and JFK, will lead all aspects of the project’s non-aeronautical revenue platforms including dining, retail, duty free, entertainment and experiential concepts.
Replacing the existing Terminals 1 and 2 to become JFK’s largest new terminal, the project will break ground in 2022 with phased openings beginning in 2026. URW said it will be “sustainably designed and future-focused, featuring expansive, naturally lit, public spaces, cutting-edge technology and an array of amenities”.
“The New Terminal One is an unparalleled opportunity to work alongside the world-class team that will set the new standard for international and global terminals in the US,” said URW Chief Operating Officer, US, Dominic Lowe. “We are excited to share our expertise, relationships and creativity to help make the New Terminal One an inclusive and amazing experience for all.”
