Construction work on the new Terminal One at Newark Liberty International Airport (EWR), set to be worth around $2.7 billion, has been given the green light by the Port Authority.
Munich Airport International GmbH (MAI) will operate as EWR Terminal One LLC and oversee operations, maintenance and concession functions once the terminal is completed.
Terminal One is replacing the outmoded Terminal A and is scheduled to be fully operational by 2022.
In addition to the Newark project, MAI is involved locally with a joint venture (Reach Airports) that will manage the new Terminal One project at John F. Kennedy International Airport.
“We wanted to bring a world leader in customer service and concession management to Newark Liberty, and MAI fits the bill,” said Port Authority chairman Kevin O’Toole. “New Jersey travelers deserve world-class service and the brand new Terminal One will improve the travel experience for Garden State residents and visitors while creating new jobs and business opportunities in the region.”
Terminal One will feature cutting-edge digital technology and it's estimated will be around 20% larger than Terminal A. It will accommodate an estimated 13.6 million passengers annually on three levels. The new terminal will have 33 common-use gates – five more than at Terminal A – to handle larger aircraft and modernized check-in, security and baggage claim areas.
Terminal One is the state’s largest design-build project, expected to generate more than $4.6 billion in regional economic activity, create more than 23,000 job years and provide more than $1.9 billion in wages.