NEWARK, NJ (December 5, 2025) — Port Authority of New York & New Jersey Chairman Kevin O’Toole and key leaders of his team joined the New Jersey Alliance for Action this morning to detail how the agency’s newly proposed $45 billion capital plan will reshape the region and the lives of everyone in it.

“The Port Authority’s new capital plan is historic and transformational,” NJ Alliance for Action President Jerry Keenan said. “The planned projects will revolutionize how people travel through the region while boosting the economy like never before.”

Following remarks from Armand Corporation President & CEO Barbara Armand Kushner, the event chair, O’Toole and his team detailed the scope of what lies ahead.

“Today’s discussion made clear just how far-reaching this proposed 2026–2035 Capital Plan will be,” said Port Authority Chairman Kevin O’Toole. “The plans highlighted today feature bold, coordinated investments that will improve daily life for millions of people. I’m grateful to the New Jersey Alliance for Action for convening the leaders and partners who make this work possible, and for spotlighting the construction industry’s essential role in delivering projects that will transform New Jersey and the entire region for decades to come.”

Chief of Major Capital Projects Steve Plate highlighted the new Port Authority Bus Terminal and the agency’s involvement on the Gateway Program, including the Manhattan and Palisades Tunnels.

Director of Aviation Redevelopment Jacquelene McCarthy shared updates on EWR projects, including upcoming plans to complete ongoing AirTrain and Station Access Programs, Terminal A capacity enhancements, and replacement of Terminal B.

Deputy Port Director Mark Bozza outlined 2025 performance and economic impact at the ports, detailing 580,000 jobs and over $163.7 billion in business activity. He also highlighted $2 billion in projected investment, including restoration and rebuilding of wharf structures, upgrades to port water infrastructure, completion of the Port Street Corridor Improvement project, and deepening of the harbor in collaboration with the U.S. Army Corps of Engineers.

Director & General Manager of PATH Clarelle DeGraffe shared details on the $430 million PATH Forward program and $2.4 billion in upcoming investments. Those projects include track and infrastructure improvements in underwater tunnels on the 33rd Street Line, Journal Square Track Improvements, Railcar upgrades and more.

Director of Planning Seth Wainer spoke about exciting developments at the Port Authority in the use of artificial intelligence, autonomous vehicles and electric flight.

Today’s event provided direct access to key members of the Port Authority of New York & New Jersey’s leadership team as they embark on the agency’s largest capital plan in history and a new era of transformation and innovation.

Don’t miss the exclusive opportunities to connect with and hear from the people who drive the construction industry forward and register for your next Alliance for Action event here.

Since 1974, The New Jersey Alliance for Action has worked as a non-partisan and non-profit association representing thousands of business, labor, government, utility, education, professional, and other New Jersey leaders. Our mission is to improve New Jersey’s economy through the promotion of environmentally friendly capital construction and infrastructure investment.