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Penn Station Overhaul: New Developer, Big Plans
Description
A major milestone in New Yorks Penn Stations overdue overhaul: Skanska and Halmar International chosen to lead the project, aiming to transform the busiest transit hub in North America with open concourses, clearer signage, and a grand new entrance. The federal government contributes $200 million, with potential $8 billion investment. Construction may start by 2027, addressing decades of commuter frustration.
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