Pelli Clarke Pelli Architects proposed a relatively compact terminal to be built exclusively on Port Authority-owned land just west of the current facility between West 38th and West 40th streets that would cost $3.7 billion to construct—the lowest-priced plan in the competition. The project removes bus ramps that feed into the current facility, freeing up land for as much as 10 million square feet of private commercial and residential development, which would generate revenue for the Port Authority.