By Edward Gunts, The Baltimore Sun
4:32 PM EDT, June 21, 2011
Three public groups are looking for a private-sector partner interested in building a transit-oriented development on a triangular parking lot just north of Penn Station.
Amtrak, which owns the 1.5-acre development parcel, has set Aug. 5 as the deadline for groups to submit qualifications to serve as the master developer for the property, which is bounded by Lanvale, St. Paul and Charles streets and the Amtrak train lines.
Amtrak issued the request along with the Maryland Department of Transportation and the City of Baltimore. Officials say their vision calls for a project containing a mix of offices, housing, a hotel and retail space, but the exact combination would be subject to negotiation with the developer. A selection is expected by September. The developer will assemble a team to design, finance, construct and market the project.
"Along with Amtrak, we now have a shared vision for a transit-oriented development adjacent to one of the busiest rail stations on the Northeast Corridor," said Maryland DOT Secretary Beverley K. Swaim-Staley. "This is an excellent opportunity to enhance the Penn Station area and promote economic development in Baltimore City."
More information is available at mdot-realestate.org/featured.asp.
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