NEW YORK CITY – U.S. Department of Transportation Secretary Sean P. Duffy, Special Advisor to the Amtrak Board Andy Byford and Penn Transformation Partners (PTP) unveiled the design renderings for the redevelopment of New York Penn Station on June 8, 2026. PTP – a joint venture led by Halmar and Skanska – will serve as the master developer for the project.
The historic redesign will transform the busiest transit hub in the Western Hemisphere from the tracks to the street level, creating a more efficient, cleaner and functional experience for more than 600,000 daily commuters and millions of visitors. PTP’s vision will make the station safer, more spacious and better connected, while elevating it into a modern civic landmark.
Madison Square Garden will remain in place, and throughout construction, the arena and all railroads will continue to operate. Breaking ground by the end of 2027, the transformation of Penn Station will be 100% union-built, creating thousands of jobs and supporting local and regional economic activity.
The Golden Age of Transportation is coming thanks to President Trump. He had a vision to transform this dirty, falling-apart station in the middle of his hometown into a state-of-the-art transit hub that millions can enjoy for generations to come. These renderings provide the public with further proof that the Trump Administration is committed to delivering transformational results for all Americans.
– U.S. Transportation Secretary Sean P. Duffy
A STATE-OF-THE-ART EXPERIENCE
The completed station will transform the commuter and visitor experience at Penn Station with a design that reduces congestion, eliminates dead ends, improves visibility and expands waiting areas evenly throughout the facility.
Specifically, the transformation of New York Penn Station will:
- Construct a grand entrance on 8th Ave. to a new train hall.
- Replace cramped, decrepit walkways with open, beautiful concourses.
- Expand track capacity, including the introduction of at least limited through-running on the regional rail network.
- Enable new retail, better wayfinding, and other passenger experience improvements, all while maintaining the iconic Madison Square Garden with a new cladding for a classic look.
- Improve the station’s existing subterranean structure.
A single-level, ADA-compliant concourse of stone and bronze with soaring ceilings will consolidate all public activity on a single level above the platforms. It will feature best-in-class amenities, bars and restaurants, shops, and customer services on one clear, accessible level. At the track and platform level, scores of columns will be removed, and lighting and signage will be dramatically improved to open sightlines and increase passenger circulation, while also meeting heightened fire safety requirements.
On the exterior, a square structure will surround the Madison Square Garden cylinder, extending from 31st St. to 33rd St. and from 8th Ave. to the west side of the taxiway. Approximately 90 feet tall and 150,000 gross square feet, the new building will beautify the surrounding streets and sidewalks around the station while adding new retail, back-of-house and utility space.
FUNDING
The U.S. Department of Transportation (U.S. DOT) took control of Penn Station’s transformation in April 2025, and Secretary Duffy provided Amtrak with $43 million in federal grant funding to jumpstart an aggressive schedule. In May 2026, PTP was selected as the master developer, and the U.S. DOT invested an additional $200 million to support critical design and permitting work.
The project will be funded primarily through federal grants to Amtrak, together with federal loans, private financing and equity raised by PTP. The U.S. DOT is investing nearly $5 billion into Amtrak’s Northeast Corridor to revitalize the nation’s major rail hubs, including Penn Station.
ABOUT THE DEVELOPMENT
PTP was selected to lead the New York Penn Station Transformation Project following a rigorous, nine-month open procurement process led by the U.S. DOT, Amtrak and the Federal Railroad Administration. Amtrak and PTP will enter into a pre-development agreement that provides a framework for them to develop the project, advance design and financial planning, and accept stakeholder input.
From summer 2026 through 2027, Amtrak will conduct robust community engagement and provide ample opportunities for public comment. Since 2024, the Penn Station Working Advisory Group – comprising more than 50 organizations representing local stakeholders, community groups, transit riders, elected officials and partner agencies – has provided ongoing guidance to ensure the project reflects the needs and priorities of those who rely on Penn Station every day.
Find more information about the redevelopment of Amtrak’s New York Penn Station.
Posted June 10, 2026.
Amtrak established the Great American Stations Project in 2006 to educate communities on the benefits of redeveloping train stations, offer tools to community leaders to preserve their stations, and provide the appropriate Amtrak resources.
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