Port Canaveral's Terminal 3 is undergoing renovations

(4:35 p.m. EDT) --Work has begun on Port Canaveral's Terminal 3 to make way for a new, state-of-the-art cruise terminal. The new, 188,000-square-foot facility and parking garage will be the largest single project in the history of Orlando's cruise port, at a cost of $150 million.

Demolition of the existing terminal is expected to wrap in July, and completion of the new facility is anticipated for late next year, or early 2020. Terminal 3 is currently one of the port's oldest cruise terminals, used for single-day ports of call.

"This is a moment we have been waiting for," said Captain John Murray, CEO of Port Canaveral, in a news release. "The new hi-tech, fully modernized cruise terminal will enhance our ability to welcome some of the largest and most advanced cruise ships in the world. The cruise industry is projected to grow significantly over the next several years and with this new terminal, our port is well positioned to keep pace with that growth. It's important that we continuously invest in our capabilities and grow our capacity to ensure we support the needs of our cruise partners today and remain well positioned to meet their demands of tomorrow."

The new terminal is expected to accommodate up to 6,500 passengers and the new, covered parking facility will hold approximately 1,800 vehicles.

According to the release, the terminal's design will incorporate the latest technology including modernized customs and border protection, and mobile passenger check-in to expedite the embarkation process.

Port Canaveral's new terminal is just the latest in a spate of cruise terminal construction this year. Just yesterday, Norwegian Cruise Line in partnership with PortMiami broke ground on a new high-tech facility expected in late 2019.

--By Brittany Chrusciel, Associate Editor