AMTRAK NATIONAL SYSTEMCONNECTING COMMUNITIES AND ECONOMIES

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Amtrak operates a nationwide rail network, serving more than 500 destinations in 46 states, the District of Columbia and three Canadian provinces on more than 21,300 miles of routes. 

AMTRAK ASSETSSTEWARDS OF A NATIONAL PORTFOLIO

Amtrak’s mission is to deliver intercity transportation with superior safety, customer service and financial excellence.

• For the 6th straight year ridership exceeded 30 million and has grown by almost 50% since 1998.

• In FY16, Amtrak earned approximately $3.2 billion in ticket revenue and covered 94 percent of operating costs with ticket sales and other revenue.

• Majority of Amtrak ownership is concentrated along the busy Northeast Corridor from Boston to Washington, DC; has ownership rights at half of the top 10 busiest stations and owns and operates over 2 million square feet of mixed-use station properties.

• 134 station construction projects totaling $100 million and $5 billion under design.

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AMTRAK MAJOR STATIONSVALUE OPPORTUNITIES

• 1.3M SF of building area• Selected master developer for

station redevelopment in 2017

CHICAGO UNION STATION3.4M passengers | $206M ticket revenue

• 1M SF of building area• Joint solicitation with Empire State

Development Corp for developer concepts on NY Penn Station and bids for Farley Post Office

NEW YORK PENN STATION10.5M passengers | $1B ticket revenue

• 91,000 SF of building area; 15 acres of land

• Procuring a master developer with responses under review

BALTIMORE PENN STATION1M passengers | $91M ticket revenue

• 1.3M SF of building area; 31 acres of land

• EIS process for redevelopment, including new platforms, tracks, bus facility, and parking

• ROD expected in 2018

WASHINGTON UNION STATION5.1M passengers | $552M ticket revenue

FY 2016 Ridership and Revenue

• 1.1M SF of building area• Master plan for station and

surrounding properties completed• Master developer procurement

summer 2017

PHILADELPHIA 30TH ST. STATION4.3M passengers | $300M ticket revenue

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AMTRAK MAJOR STATIONSVALUE OPPORTUNITIES

Stations are the urban living rooms for our customers & communities we serve.

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VALUE INITIATIVEMaster Development Program

SUSTAINABLE FINANCIAL PERFORMANCEMASTER DEVELOPMENT PROGRAM

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Amtrak is executing a synergistic investment and development program to smartly achieve improvements to the station, while pursuing a comprehensive solution for the long-term redevelopment of the station and surrounding area.

30th Street StationMaster Development

WHAT IS THE SOLUTION?MASTER DEVELOPMENT PROGRAM

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Amtrak is open to a range of ideas and concepts related to commercial structures and the form of Amtrak contribution to the Project. Ultimately, Amtrak will be looking to see which options will allow the team to fulfill the project goals, while minimizing the contribution Amtrak must make to the Project.

MASTER DEVELOPMENT PROGRAM 30th Street Station Complex

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PHILADELPHIA 30TH STREET STATIONInvestment and Development Opportunity

30th STREET STATIONA MULTIMODAL HUB IN A PRIME LOCATION

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The 30th Street Station District Plan lays out a path for the next 35 years and beyond to:

Expand the Station passenger facilities to handle double the volume of trips (±11 million annually in FY16)

Envision build out of 18 million SF of new private development

Create 40 acres of new parks & civic spaces with new roads and bridges

30Th STREET STATION MASTER DEVELOPMENTDISTRICT PLAN

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30Th STREET STATION MASTER DEVELOPMENT30th Street Station Complex

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MASTER DEVELOPERPartnering for 30th Street Station’s Future

Potential Elements included in the Master Development:

• Improvement and expansion of concourses, retail, office and supporting amenities within the station complex.

• Operations and maintenance of all non-rail elements.

• Development of mixed-use projects adjacent to station.

30Th STREET STATION MASTER DEVELOPMENTVIBRANT URBAN DISTRICT

Goals of the Master Development Program:

Looking for a dynamic master developer team withpublic/private partnership experience. Experience working with rail projects a plus.

Partner in implementing the vision of a fully integrated mixed-use urban district with the transportation hub at its core. Anticipated the Master Developer will:

Uphold the spirit of the vision for the station as an urban living room that connects rail patrons and residents.

Modernize and expand the 30th Street Station Complex.

Develop on Amtrak-owned air rights properties.

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Penn CoachYards

30th Street Station

CENTER CITY

JFK BLVD

MARKET STREETDREXEL UNIVERSITY

Parking Garage & Surface Lot

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AMTRAK OWNERSHIP

30th Street Station

CENTERCITY

JFK BLVD

MARKET STREET

DREXEL UNIVERSITY

Parking Garage & Surface Lot

POTENTIAL PROJECT ELEMENTS

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CENTERCITY

JFK BLVD

MARKET STREET

DREXEL UNIVERSITY

Penn Coach Yards

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ADDITIONAL DEVELOPMENT OPPORTUNITY

30Th STREET STATION MASTER DEVELOPMENTSTATION COMPLEX ELEMENTS

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Today, the Station Complex consists of multiple uses:

• Rail service on platform levels is operated by Amtrak, SEPTA Regional Rail, and NJ Transit.

• Passenger concourses at ground and mezzanine floors provides 30,000 SF of retail and dining, passenger circulation, ClubAcela lounge, ticketing, customer service, baggage, crew quarters, back-of-house functions.

• Upper floors in the two towers consists of 280,000 SF of office space, occupied by Amtrak employees and the Centralized Traffic Control Center for the Northeast Corridor.

• Up to 83,000 SF of vacant/underutilized space at ground and subgrade levels is available for expansion, providing opportunities to increase the existing commercial footprint. Growth of daily passenger foot traffic from 38,000 to upwards of 90,000 Unmet retail spending potential of $200MM within the 30th Street Station area Daily foot traffic in and around the Station totals just over 100,000

• Undertaking an office space needs assessment to identify opportunities for Amtrak to take up a smaller office footprint at the station or potentially relocate.

In the future, we see opportunities to use the station more effectively to accommodate expected increases in ridership and tap into unmet commercial potential.

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NEXT STEPSAdvancing the Solicitation

PROCUREMENT STRATEGY: THREE STAGES

Request for Qualifications (RFQ)

Request for Proposals (RFP)

Review of teams’ financial and technical qualifications to deliver and project, along with their proposed approach to select a shortlist for the RFP stage.

SOLICITATION STRATEGYA TWO-STEP APPROACH

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Shortlisted teams submit detailed proposals including development plan and schedule, financial bids, and proposed commercial structure.

PROCUREMENT STRATEGY: THREE STAGES

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MASTER DEVELOPER PARTNERSHIP SOLICITATION SCHEDULE

WINTER 2015

Amtrak identifies development

initiatives for its five major stations

SPRING 2017

RFQ & Project Scoping

AUGUST2017

RFQ Released to

Market

FALL2017

SOQ Evaluation &

Shortlist

WINTER2017/2018

RFP Review with

Shortlist

SUMMER2018

Proposal Evaluation &

Master Developer Selection

Phased Project Implementation

FALL2018

Commercial Close

SPRING2018

Final RFP to Shortlist

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MASTER DEVELOPER PARTNERSHIP RFQ REVIEW

Amtrak will review Statements of Qualifications to determine:

• Qualifications, as demonstrated by experience and technical expertise in implementing commercial and station redevelopment projects, developing-managing retail and concessions, and maintaining and operating non-rail facilities.

• Creativity and understanding in the proposed approach, potential commercial structures and methods of driving value to Amtrak.

• Financial capacity of potential bidders.

Taking into account these and other components, teams will be shortlisted and invited to move forward to the RFP.

HOW TO STAY INFORMEDYOUR BUSINESS IS IMPORTANT TO US

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For information and updates on the Master Developer Program and RFQ release, visit www.nec.amtrak.com and click on Improvement Projects and Philadelphia 30th Street Station Master Development Program.

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QUESTIONS?

Thank you for your interest in working with Amtrak