A new consolidated rent-a-car, or ConRAC facility, will be opening at Newark Liberty International Airport in 2023. Financing of the $500 million project was announced Wednesday by Washington-based Conrac Solutions.
The 2.7-million-square-foot facility will have 2,925 public parking spaces and 3,380 rental car spaces to support all 10 rent-a-car brands at Newark airport under one roof.
The new ConRAC facility provides fleet storage and enhanced security, and includes shared components including 15 car washes, 54 fueling positions, vacuum systems, waste management, and service bays. The project has a solar roof, LED efficient lighting, and water reclamation and air quality systems.
This is part of the $2.7 billion Terminal One Redevelopment Program, deployed by Port Authority of New York and New Jersey to enhance customer travel experience and meet increasing and evolving travel demands.
The Terminal One Redevelopment Program is the largest design-build project in New Jersey history.
Groundbreaking for the ConRAC project is expected in May 2019, with completion of the public parking area in 2021 and the ConRAC in 2023.