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Opportunity · Infrastructure & real assets
New York Penn Station transformation
A station overhaul being developed through a public-private arrangement, combining federal support with private financing and equity from the selected development team.
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- Sector
- Rail & Transit
- Location
- New York, New York
- Stage / status
- P3 pre-development underway
- Reported value
- $7–8 billion
- Provider / funding type
- P3 Investors
Developers
Federal Funding - Markets
- New York, New York
- Currency
- USD
- Financing structures
- P3 / Public-Private Partnership
Equity
Debt
Grants - Published sector focus
- Rail & Transit
Sources & record history
Published Oct 3, 2026 · Record edited Oct 3, 2026 · Sources last reviewed 2026-10-03
Published source ↗Published record source
Public website ↗Published record source
Documented relationships
Editor-sourced links and explicit references in published Infraday records. A named relationship is not a predictive financing match.
No sourced entity relationships have been entered for this record yet.
Explore the same sector
Shared sector only; these records do not establish a commercial relationship or financing fit.
| Entity / development | Sector & location | Status / value | Record date |
|---|---|---|---|
| ProjectWashington Union Station RedevelopmentRevised redevelopment initiative for Washington Union Station focused on infrastructure, passenger capacity and amenities. USDOT announced a new public-private partnership… | Rail & TransitWashington, District of Columbia | Planning | Source review: 2026-10-04 |
| ProjectPhiladelphia Gray 30th Street Station RedevelopmentPhased renovation of Gray 30th Street Station, including retail, passenger areas, corporate offices and building systems while rail operations continue.… | Rail & TransitPhiladelphia, Pennsylvania | Construction | Source review: 2026-10-04 |
| ProjectRed Blue ConnectorProposed extension of the Blue Line beneath Cambridge Street to Charles/MGH, creating a direct interchange with the Red Line. The… | Rail & TransitBoston, Massachusetts | Planning | Source review: 2026-10-04 |
| ProjectEastside Transit Corridor Phase 2Extension of Metro's E Line toward Whittier. The initial 4.7-mile segment to Montebello is advancing through federal environmental review; the… | Rail & TransitEast Los Angeles to Montebello and Whittier, California | Permitting | Source review: 2026-10-04 |
| ProjectDevon Railroad Bridge Interim RepairsSafety and operating improvements to the Devon rail bridge over the Housatonic River, extending service life ahead of a future… | Rail & TransitStratford / Milford, Connecticut | Design | Source review: 2026-10-03 |