Amtrak Issues RFP for Property Adjacent to Philadelphia’s 30th Street Station

Amtrak has engaged Newmark Grubb Knight Frank to issue a Request for Proposals (RFP) for the long term lease and development of property adjacent to Philadelphia’s 30th Street Station. The request follows the launch of the 30th Street Station District Plan earlier this year.

The property is located at the corner of 30th Street and John F. Kennedy Boulevard and includes a roughly 32,500 square foot tract of land and associated air rights. The property is zoned to allow for a range of institutional, commercial, office and residential uses.

“Amtrak is eager to engage the development community in this exciting opportunity,” said Rina Cutler, senior director for major station planning. “This RFP is just the beginning of a series of projects outlined in the District Plan that together have the potential to transform the area surrounding 30th Street Station and the rest of Philadelphia.”

The District Plan is a vision for the future of the area surrounding 30th Street Station in the year 2050 and beyond. In the near term, Amtrak and its partners are advancing key projects to activate all four sides of the station and build a foundation for future growth and development. The Plan envisions 40 new acres of open space and 18 million square feet of new development, including an entirely new mixed-use neighborhood anchoring the District atop 88 acres of rail yards along the western bank of the Schuylkill River.

The Plan proposes a $2 billion investment in roads, utilities, parks, bridges, and extension of transit services. It has the potential to unlock $4.5 billion in private real estate investment with economic benefits. An estimated $3.8 billion in City and State taxes and 40,000 new jobs would be created.