U.S. Department of Transportation Secretary Sean P. Duffy and the Amtrak Board of Directors this week announced the selection of Penn Transformation Partners — Halmar and Skanska — as the private Master Developer team to lead the transformation of New York Penn Station.
Penn Transformation Partners will build anew, world-class station that will provide daily commuters and tourists with a more seamless travel experience through a vibrant gateway into America’s largest city.
The transformation of New York Penn Station will create a grand Eighth Avenue entrance to a new train hall, replace cramped, decrepit walkways with open, beautiful concourses, and expand track capacity, including at least limited through-running on the regional rail network. Officials said it will also enable new retail, better wayfinding, and other passenger experience improvements, all while maintaining the Madison Square Garden with a new cladding for a classical look, and improve the station’s existing subterranean structure.
Now that the Amtrak Board of Directors has authorized the next step in the New York Penn Transformation project, the project now turns to the next stages of work: finalizing contract negotiations, working toward permits, completing the FRA-led Service Optimization Study, advancing design, and achieving financial and commercial close before getting shovels in the ground by the end of 2027.
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