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Amtrak names finalists in Penn Station master developer competition

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Amtrak names finalists in Penn Station master developer competition

Amtrak announced Wednesday that it has selected three teams to compete to lead the redevelopment of Baltimore’s Penn Station and other nearby properties owned by the quasi-public passenger railway.

The finalists for the high-profile redevelopment site include several well known Baltimore firms, one of the country’s largest minority-owned real estate firms, and a company the railroad has been working with on the redevelopment around Philadelphia’s 30th Street Station.

Amtrak plans to choose a master developer in summer 2017 to create a master plan and lead design, construction and management of the properties and non-rail parts of the station.

Amtrak declined to say how many firms responded to the request for qualifications. It will formally solicit proposals from finalists this winter.