Major Redevelopment of JFK Airport's Terminal 8
to Promote New York
(13/07/23)
American Airlines, in partnership with the Port
Authority of New York and New Jersey and Unibail-Rodamco-Westfield
(URW) Airports, has unveiled an US$125 million commercial
redevelopment program for Terminal 8 at John F. Kennedy
International Airport (JFK).
The project will feature a new Great Hall and is
expected to bring more than 60 new shopping and restaurant
offerings to the terminal.
“We look forward to working with
our project partners, the Port Authority and the local community
to deliver a transformative dining and shopping experience that
represents the dynamic New York region,” said American's Vice
President of Airport Affairs and Facilities, Amanda Zhang. “We're
committed to ensuring a world-class experience at Terminal 8 and
this commercial redevelopment will further elevate the travel
journey for our customers and our oneworld partners.”
Following the recent completion of a US$400 million expansion of
Terminal 8, the commercial redevelopment will further enhance the
customer experience at the terminal with a complete redesign and
expansion of the concessions program, including dining, retail,
duty-free shopping, performance space and new digitally enabled
experiences for American's customers.
Terminal 8 has also
become a world-renowned gateway for American's oneworld partners.
Within the past year, British Airways, Iberia and Japan Airlines
relocated operations and Qantas returned service to Terminal 8.
“Visitors from
around the world will get their first taste of what our region has
to offer as soon as they step into JFK's Terminal 8, which, like
all of our new airport terminals, will feature a wide range of
local dining and shops,” said Port Authority Chairman Kevin
O'Toole. “Local businesses help us create a sense of place unique
to the region.”
American selected JFK T8 Innovation
Partners, a joint venture led by URW, to lead the redevelopment.
URW is an owner, developer and operator of real estate assets across Europe and the USA.
Also
joining the T8 Partners team, with a 30 percent equity stake, is
Phoenix Infrastructure Group, a minority-owned, Minority Business
Enterprise (MBE)-certified investment firm focused on critical
infrastructure projects; and Holt Construction, one of New York's
premier construction management firms with experience in more than
100 aviation projects at airports across the country, including
the expansion of Terminal 8, where Holt exceeded its 30 percent
Minority and Women-Owned Business Enterprise (MWBE) participation
goal.
“It is an honor to partner with American Airlines and
the Port Authority to help transform JFK and bring major benefits
to New Yorkers and travelers from around the world,” said URW
Airports CEO, Dany Nasr. “We're committed to ensuring Terminal 8's
concession program celebrates New York's incredible diversity and
represents the best of New York with a lineup that spotlights
local, small and minority-owned businesses alongside global
icons.”
With the expansion of the
concessions program, the project is expected to create more than 300 new
concessions jobs at Terminal 8.
To lower the barriers of
entry into the airport industry for locally owned small
businesses, T8 Partners will launch a small business accelerator
program for Queens and Locally Based Enterprises that will provide
technical assistance and innovative leasing approaches with low
risk.
T8 Partners is also committed to achieving the Port
Authority's goal of 30 percent M/WBE participation in the design and
construction of concession spaces and 30 percent Airport
Concessions Disadvantaged Business Enterprise (ACDBE) for
concession operations.
With sustainability as another
fundamental element to the redevelopment, T8 Partners has
partnered with The Green Restaurant Association to deliver a food
and beverage program with brands that value sustainable business
practices and get 100 percent of all eligible tenants to become
Certified Green Restaurants.
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