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Amtrak is wasting no time starting work on its multi-billion dollar 30th Street Station District plan. But first, it needs a developer.
Amtrak has taken another step forward by issuing a Request for Qualifications (RFQ) this week in search of a master developer to help lead the ambitious multi-billion dollar project, which includes the redevelopment of 30th Street Station itself and 18 million square feet of new development around it, including a new neighborhood and 40 acres of green space.
Rina Cutler, Amtrak’s senior director of major station planning and development said in the announcement, “We are seeking an innovative partner who understands the vision for Philadelphia, respects the surrounding neighborhoods, and is excited to partner on a plan that will significantly improve the experience for all travelers, while maximizing the value of our strategic assets.”
Some 4 million Amtrak passengers travel through 30th Street Station each year, making it Amtrak’s third busiest station in its entire system. That number is only projected to increase—ridership is expected to double by 2040—For years, it has been developing a master plan to improve the station itself and its surrounding properties, culminating into the 30th Street Station District plan.
Already, Amtrak has received a large amount of interest from developers. Nearly 150 people attended a presentation on the master developer partnership in late July.
Here’s the timeline on the whole process:
- November 9, 2017 at 3 p.m.: RFQ deadline
- Early 2018: Shortlist revealed
- Spring 2018: Final RFP shortlist
- Summer 2018: Final reviews and developer selection
- Fall 2018: Commercial close
The 30th Street Station District Plan itself is a 35-year plan.
- RFQ #037-082317 [Amtrak]