NY Penn Station Transformation: 2027 Construction Kick-Off

NY Penn Station Transformation project construction slated for late 2027, funded by USD 43M grant. Amtrak receives funding.

NY Penn Station Transformation: 2027 Construction Kick-Off
September 7, 2025 6:24 am
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Introduction

U.S. Transportation Secretary Sean P. Duffy and Special Advisor Andy Byford announced that construction for the NY Penn Station Transformation project is scheduled to begin by the end of 2027. The Department of Transportation will provide Amtrak with nearly USD 43 million in federal grant funding for the project.

Main Content

Project Timeline

The authorities will contract industry stakeholder engagement in October. The master developer solicitation will be released in late 2025, with a master developer selected by May 2026. Preliminary design activities and National Environmental Policy Act (NEPA) implementation will occur between the summer of 2025 and the end of 2027, followed by the start of construction works.

Funding and Financials

The Department of Transportation will provide Amtrak with nearly USD 43 million in federal grant funding for the NY Penn Station Transformation project. In April, USDOT withdrew USD 72 million in grant funding.

Master Developer Solicitation

Special Advisor Byford will initiate the process to solicit a master developer. The formal process will commence by the end of October 2025, with a selection expected by the end of May 2026.

Management and Oversight

In May, Secretary Duffy announced the appointment of Andy Byford as Special Advisor to the Amtrak Board of Directors for the redevelopment of New York Penn Station. In April, Secretary Duffy announced USDOT and Amtrak were taking control of the Penn Station overhaul from the New York Metropolitan Transportation (MTA).

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Conclusion

The NY Penn Station Transformation project, supported by nearly USD 43 million in federal grant funding, is planned to commence construction by the end of 2027. The project includes the solicitation of a master developer, with key milestones scheduled between late 2025 and May 2026.

Company Summary

Amtrak: Amtrak will receive nearly USD 43 million in federal grant funding for the NY Penn Station Transformation project.

New York Metropolitan Transportation (MTA): The USDOT and Amtrak are taking control of the Penn Station overhaul from the MTA.

USDOT: USDOT withdrew USD 72 million in grant funding.

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