Financial negotiations and project scoping underway
PHILADELPHIA – Amtrak has selected Plenary Infrastructure Philadelphia (PIP), a team with international expertise to form a master development partnership via ground lease for the renovation of William H. Gray III 30th Street Station. The key team members who will design, build, finance, operate and maintain the station include Plenary Americas USA Ltd., one of the largest dedicated, public-private partnership developers in North America, who has partnered with Gilbane Building Company, Johnson Controls Inc. and Vantage Airport Group Ltd.
“Gray 30th Street Station is the third busiest station in our national network and this partnership underscores Amtrak’s commitment to deliver on its vision of a world-class station experience for all travelers, the station as a grand gateway to Philadelphia and a tribute to honor the lifetime of service Congressman Gray provided to Philadelphia and Pennsylvania as a tireless advocate for disadvantaged communities,” said Senior Executive Vice President Stephen Gardner. “While this is certainly a challenging time, the redevelopment of Gray 30th Street Station is part of a core set of essential projects and strategic objectives across all the different dimensions of the company that are critical to our long-term strategy and success, and we are continuing to advance those projects.”
The historic station is nearly 100 years old and serves more than four million Amtrak customers and more than eight million combined SEPTA and NJ TRANSIT rail commuters annually. The master development partnership will restore and highlight the historic fabric of the majestic station, while heightening the level of customer experience by introducing new amenities, reinvigorating the structure’s retail and commercial potential, improving and expanding existing office space and enhancing transit and pedestrian traffic flows.
The Amtrak Board of Directors approved the designation of PIP following a competitive, open procurement process with a rigorous technical and financial review. PIP was selected based on their proposal and successful record of project delivery, extensive experience with complex mixed-use properties and adaptive reuse of historic buildings, and approach and commitment to engaging Disadvantaged Business Enterprises (“DBE”), community hiring, and workforce development strategies during all phases of the redevelopment. The group was selected from a pre-qualified short list of teams following a Request for Qualifications in 2018.