The Port Authority Board of Commissioners approved new lease agreements with Westfield Airports to renovate 31,000 square feet of terminal space for concessions in Newark Liberty International Airport’s Terminal B.
The board authorized 10 concessions agreements that will provide new restaurants, specialty retail businesses, a currency exchange and other service options for Terminal B passengers, which also spurs the creation of new jobs and opportunities. Of the proposed leases, 17 will be located post-security and 11 pre-security. In addition, a total of 19 new ATMs will be located throughout the terminal, before and after security clearance.
“These critical investments in our airports are necessary to accommodate our customers, improve airport services and bring jobs to the area,” said Board Chairman John Degnan.
“The agreements authorized today will continue the effort to modernize Port Authority airports and provide the flying public a wider range of services and amenities,” said Port Authority Executive Director Pat Foye.
As part of an extension of their original concessions agreement with the Port Authority, Westfield invested $3.5 million to revamp the Terminal A and B food courts, further enhancing the passenger experience at Newark. Since partnering with Westfield in 2007, a total of 75 concessions locations have been redeveloped in Terminal A and B.
Westfield is committed to working with all airport stakeholders, including small businesses, ACDBE partners and local entrepreneurs to connect travelers to the city and bring Newark and the region into the airport.
The renovations of the concessions are expected to be completed by the fall of 2019.