This past April, Governor Hochul announced a historic milestone in the continuing transformation of JFK International Airport, where a record $2.3 billion in contracts have been awarded to Minority and Women-Owned Business Enterprises (MWBE). This represents the largest participation by MWBE firms in any Public-Private Project (P3) in the history of New York State. With the redevelopment of JFK and the construction of its newest facilities currently underway, MWBE participation at the Airport is expected to continue to break records until the project is set to reach completion in 2028.
The redevelopment project at Kennedy Airport also signals a consequential focus on working with local contractors, awarding over $950 million in contracts to Queens-based businesses.
The Port Authority of NY & NJ continues to work closely with its private terminal developer partners, the New Terminal One (NTO), JFK Millennium Partners T6 & T7, Delta Air Lines and JFKIAT T4, and American Airlines, to engage MWBEs and local businesses in all aspects of the redevelopment program. As of last April, over 675 MWBEs and more than 200 Queens-based businesses had been awarded contracts at JFK.
Following the April announcement, JFK Millennium Partners’ newly appointed CEO, Steve Thody, featured in this month’s issue of Metropolitan Airport News, Creating a Northstar, expressed his pride in the fact that over 200 MWBEs and local businesses are currently involved in the new Terminal 6 project, with many more opportunities on the horizon. He said, “We are excited to play our part in providing social and economic opportunities for our surrounding community, and we look forward to the future with great optimism.”
And coming up, featured in the July 2024 issue of Metropolitan Airport News, Jennifer Aument, the recently appointed CEO at the New Terminal One, said, “Our mission at the NTO at JFK Airport extends beyond building a world-class gateway to New York and our nation; we are also steadfast in our commitment to enhancing the lives of our local communities. The remarkable success of our MWBE participation underscores the transformative potential of inclusion and innovation working together, fostering opportunities, jobs, and tangible benefits for our local businesses.”
