Amtrak Seeks Partner with 'Master Developer' Skills for Trump's Penn Station Revamp
In a move aimed at accelerating the long-stalled redevelopment of Penn Station, Amtrak officials have announced their search for a "master developer" partner to help design and partially fund the $20 billion project. The goal is to break ground by the end of 2027.
Under the plan, Amtrak has taken over the stalled project from the MTA, which uses the northern tracks of Penn Station for the Long Island Rail Road. While officials have ruled out any expansion south to add more tracks and platforms, they are open to upgrading the track level to accommodate increased train service once the new Hudson River tunnels through the Gateway project are completed.
Despite President Trump's pledge to "terminate" the Gateway project, Amtrak is not concerned about delays, citing that it will be one of the biggest construction projects in U.S. history and emphasizes the need for skilled partners to ensure its success.
As part of the redevelopment, a study on through-running at Penn Station has been commissioned by the Federal Railroad Administration. This would allow MTA and NJ Transit commuter trains to share tracks and operate on each other's property, potentially increasing capacity without requiring expansion.
Amtrak officials have also identified key design elements for the project, including a single-floor passenger concourse instead of the current multilevel layout, new entrances, natural light, and potentially relocating Madison Square Garden. The city's permit for the venue to operate above the station expires in 2028.
Government grants and loans are expected to cover a significant portion of the project's cost, with Gov. Kathy Hochul indicating that New York state won't provide financial support. Layla Law-Gisiko, president of the City Club of New York, has welcomed the redevelopment effort, emphasizing the importance of density around transit hubs and prioritizing transportation over new buildings.
The project is seen as a significant opportunity for Amtrak to revamp one of the country's busiest train stations, with officials seeking partners who can bring expertise and resources to deliver the ambitious plan.
In a move aimed at accelerating the long-stalled redevelopment of Penn Station, Amtrak officials have announced their search for a "master developer" partner to help design and partially fund the $20 billion project. The goal is to break ground by the end of 2027.
Under the plan, Amtrak has taken over the stalled project from the MTA, which uses the northern tracks of Penn Station for the Long Island Rail Road. While officials have ruled out any expansion south to add more tracks and platforms, they are open to upgrading the track level to accommodate increased train service once the new Hudson River tunnels through the Gateway project are completed.
Despite President Trump's pledge to "terminate" the Gateway project, Amtrak is not concerned about delays, citing that it will be one of the biggest construction projects in U.S. history and emphasizes the need for skilled partners to ensure its success.
As part of the redevelopment, a study on through-running at Penn Station has been commissioned by the Federal Railroad Administration. This would allow MTA and NJ Transit commuter trains to share tracks and operate on each other's property, potentially increasing capacity without requiring expansion.
Amtrak officials have also identified key design elements for the project, including a single-floor passenger concourse instead of the current multilevel layout, new entrances, natural light, and potentially relocating Madison Square Garden. The city's permit for the venue to operate above the station expires in 2028.
Government grants and loans are expected to cover a significant portion of the project's cost, with Gov. Kathy Hochul indicating that New York state won't provide financial support. Layla Law-Gisiko, president of the City Club of New York, has welcomed the redevelopment effort, emphasizing the importance of density around transit hubs and prioritizing transportation over new buildings.
The project is seen as a significant opportunity for Amtrak to revamp one of the country's busiest train stations, with officials seeking partners who can bring expertise and resources to deliver the ambitious plan.