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7/22/2016



Rail News: Amtrak

Amtrak to hold 'Industry Day' for Baltimore Penn Station plan


Amtrak will host an "Industry Day" Aug. 10 at the University of Baltimore for prospective bidders and developers interested in the redevelopment of Baltimore Penn Station and adjacent properties.

The event will be held in advance of Amtrak's release of a request for qualifications, according to an Amtrak press release.

Amtrak will present its approach to investment and development at its major stations, specific improvement initiatives at Baltimore Penn Station, as well as an overview of next steps in Amtrak's proposed "Master Developer" solicitation.

In January, Amtrak released a request for information to solicit feedback on a potential Master Developer partnership to redevelop the Amtrak-owned station and surrounding parcels, as well as advance improvements to both passenger and employee facilities.

Amtrak will seek interested parties capable of all aspects of project delivery, including an implementable master plan, design, construction, financing, operation and maintenance of non-rail assets at Baltimore Penn Station. In addition, the proposals must address expansion opportunities and commercial development of the surrounding Amtrak owned properties.

Any development solution envisioned by the selected proposer will need to align with Amtrak operational goals as well as integrate successfully with the surrounding neighborhoods, Amtrak officials said.

The solicitation for Baltimore Penn Station’s Master Development is part of a larger corporate program to leverage Amtrak’s substantial asset portfolio. Focused on innovative strategies for sustainable financial performance and infrastructure reinvestment, the program includes additional future opportunities at one or more Amtrak stations including Chicago Union Station.

Industry Day will be held from 10 a.m. to 1 p.m. at the university's John and Frances Angelos Law Center in Baltimore. The event is free, but registration is required.



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