Amtrak's New Approach to Station Development
WHAT YOU'LL LEARN
Amtrak’s new focus on station development and strategies in use at its major stations
Local and regional demographic, socioeconomic, transportation, and development trends that are creating new opportunities for station planning
Challenges and opportunities for station planning and development as transportation systems continue to modernize
How to maximize and leverage asset value of rail stations, rail infrastructure, rights-of-way and air rights more creatively
MORE COURSE DETAILS
In 2014, Amtrak conducted a comprehensive study to analyze five of its largest rail stations (New York Penn Station, Philadelphia 30th Street Station, Baltimore Penn Station, Washington, D.C., Union Station, and Chicago Union Station) and the ancillary properties surrounding them for development opportunities. The conclusion? Amtrak has significant opportunities for development at each location.
Amtrak has since advanced planning and development initiatives at each station. A master development strategy is currently being used in New York, Baltimore, and Chicago. In Philadelphia, Amtrak recently completed a master plan for the 30th Street Station and the surrounding area, including an overbuild development on the 88-acre rail yards north of the station. In Washington, D.C, work is progressing on a concourse-modernization project—the first construction project borne out of its 2012 master plan. The station is also being prepared for a 3 million-square-foot overbuild.
Join expert AICP panelists as they provide an overview of Amtrak’s corporate program to leverage its substantial asset portfolio for reinvestment in its infrastructure. Then listen in as project managers in each of the five cities dive into topics such as partnerships, structures, political climate, and the real estate market.