Port Authority approves lease agreements to renovate Newark Liberty terminal
The Board of Commissioners of the Port Authority of New York and New Jersey has approved new lease agreements with Westfield Airports to redevelop 31,000ft2 of terminal space for concessions at Terminal B in Newark Liberty International Airport.
A total of ten concessions agreements authorised by the board will open additional options of restaurants, specialty retail businesses, a currency exchange and other services for passengers travelling to and from Terminal B.
Besides enhancing traveller experiences, the leases will also help generate new employment opportunities.
Port Authority of New York and New Jersey board chairman John Degnan said: “These critical investments in our airports are necessary to accommodate our customers, improve airport services and bring jobs to the area.”
Of the proposed leases, 17 will be located after the security check-in area while 11 will be built before it.
In addition, 19 new ATMs will be installed throughout the airport terminal, before and after the security clearance zone.
Port Authority of New York and New Jersey executive director Pat Foye said: “The agreements authorised today will continue the effort to modernise Port Authority airports and provide the flying public a wider range of services and amenities.”
Since 2007, the partnership between Westfield Airports and the Port Authority has seen the redevelopment of 75 concessions in Terminal A and B of Newark Liberty International Airport.
The renovations of the concessions are expected to be completed by autumn of 2019.
Image: Aerial view of Newark Liberty International Airport. Photo: courtesy of Fan Railer.