Infraday-curated public project profile. Researched from public sources; not submitted by the project sponsor.
A station overhaul being developed through a public-private arrangement, combining federal support with private financing and equity from the selected development team.
Funding context
$7–8 billion — Estimated total project cost
Amtrak announced a pre-development agreement with the Halmar/Skanska-led team in June 2026. The cited $7–8 billion is an estimated project cost, to be refined during development. The selected team is expected to raise private financing and equity; the source does not advertise an open investor solicitation.
Official source: Amtrak · June 22, 2026 ↗
Reviewed October 3, 2026. This profile describes public funding or partnership context and does not establish an open private capital raise. Confirm current status directly with the project organization.
Financing profile
- Funding categories
- P3 Investors
Developers
Federal Funding - Infrastructure sectors
- Rail & Transit
- Geographic markets
- New York, New York
- Currency
- USD
- Project stage
- Pre-development / design
- Financing structures
- P3 / Public-Private Partnership
Equity
Debt
Grants