Request for Proposals marks progress in implementation of District Plan
Following the launch of the 30th Street Station District Plan earlier this year, Amtrak has engaged Newmark Grubb Knight Frank to issue a Request for Proposals for the long term lease and development of property adjacent to its third busiest station.
Located at the corner of 30th Street and John F. Kennedy Boulevard, the property includes a roughly 32,500 square foot tract of land and associated air rights. The property is zoned to allow for a wide range of institutional, commercial, office and residential uses. Additional information is available by contacting Jennifer Schwartzmann (203-531-3621) or Sid Smith (215-320-4511) directly.
“Amtrak is eager to engage the development community in this exciting opportunity,” said Rina Cutler, Senior Director for Major Station Planning. “This RFP is just the beginning of a series of projects outlined in the District Plan that together have the potential to transform the area surrounding 30th Street Station and the rest of Philadelphia.”
The District Plan is a comprehensive vision for the future of the area surrounding 30th Street Station in the year 2050 and beyond. In the near term, Amtrak and its partners are strategically advancing key projects to activate all four sides of the station and build a foundation for future growth and development.
The Plan ultimately envisions forty new acres of open space and 18 million square feet of new development, including an entirely new mixed-use neighborhood anchoring the District atop 88 acres of rail yards along the western bank of the Schuylkill River. With a proposed $2 billion investment in roads, utilities, parks, bridges, and extension of transit services, the Plan has the potential to unlock $4.5 billion in private real estate investment with robust and widespread economic benefits. An estimated $3.8 billion in City and State taxes and 40,000 new jobs would be created.
About Amtrak®
Amtrak – America’s Railroad® – is dedicated to safe and reliable mobility as the nation’s intercity passenger rail service provider and its high-speed rail operator. With our state and commuter partners, we move people, the economy and the nation forward, carrying more than 30 million Amtrak passengers for each of the past six years. Formally known as the National Railroad Passenger Corporation, Amtrak is governed by a 10-member board of directors, nine of whom are appointed by the President of the United States plus the Amtrak CEO. Anthony R. Coscia is board chairman and Jeffrey R. Moreland is vice chairman. Amtrak operates more than 300 trains daily – at speeds up to 150 mph (241 kph) – connecting more than 500 destinations in 46 states, the District of Columbia and three Canadian Provinces. Learn more at Amtrak.com or call 800-USA-RAIL for schedules, fares and other information. Check us out at blog.Amtrak.com, Like us on Facebook.com and Follow us on Twitter@Amtrak.
