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The Port Authority of New York and New Jersey has picked a partnership between JetBlue and MCR Development to transform the former TWA terminal at JFK into what will be the airport’s only hotel and will make the pick official at the agency’s board meeting next week, sources said.
JetBlue and MCR had emerged as the frontrunner for the project in recent months amid a field of several competitors. The terminal would be JetBlue’s first hotel project open to the public. The airline recently developed a boutique hotel in Orlando, Fla., for use only by its employees.
The distinctive terminal building at JFK, which is next to JetBlue’s existing terminal at that airport, was designed by famed architect Eero Saarinen and built in the early 1960s. JetBlue and MCR will build hotel rooms from the ground up next to the terminal and refurbish the interior of the building to become the property’s main entrance.
The details of the deal were not yet clear, including what JetBlue and MCR Development will pay the Port Authority, although aspects of the design were released in July. It is to have 505 rooms, 40,000 square feet of meeting space, up to eight eateries and an observation deck. The old terminal will serve as the lobby, with the rest of the hotel set back from it in a new building. […]