Amtrak is Seeking Strategic Partners to Leverage Nationwide Right-of-Way Portfolio

Published on : Thursday, January 5, 2017

Amtrak logoAmtrak issued a Request for Proposals (“RFP”) in December seeking partnership opportunities to leverage up to 725 miles of track right-of-way and other real estate across the country for telecommunications, energy distribution, and associated activities considered appropriate by Amtrak.

 

The RFP follows other recent efforts to unlock the commercial value of Amtrak’s nationwide portfolio of assets, including two million square feet of industrial station properties, six million square feet of maintenance facilities, and active right-of-way. Much of Amtrak’s portfolio is concentrated along the Northeast Corridor (NEC) where Amtrak owns 363 miles of the 457-mile route between Washington and Boston. The NEC is among the nation’s most vital transportation assets, carrying 750,000 people every day and supporting a $2.6 trillion economy.

 

“Finding the right partner to utilize our extensive right-of-way portfolio exemplifies Amtrak’s approach to strengthening our business,” said Bart Bush, Vice President, Asset and Real Estate Development. “Proceeds generated from these partnership opportunities can be reinvested back into the vital service Amtrak provides as the nation’s intercity passenger rail operator and the steward of some of the most valued transportation infrastructure in this nation.”

 

Other recent examples to leverage Amtrak assets include:

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 02 WTM London 2018
  • 03 imexamerica 2018
  • 03 ITB Asia 2018
  • 09 ttfotm 2018
  • 10 Astana leisure 2018
  • 11 lodgingconference 18
  • 11 ttgincontri 2018
  • 12 plannersxtraordinaire 2018
  • 13 aite 2018
  • 13 bitf 2018
  • 14 Global Wellness Summit 2018
  • 14 SATTE 2019
  • 14 traveltechme 2018
  • 15 TravelDaily TDC 18
  • 18 hospitalityqatar 18
  • 18 Hotel Management Asia Summit 2018
  • 19 bricsaconsulting 2018
  • 20 CITE_TTW 2018
  • 20 sahicsouthamerica 2018
  • 30 PATA

TRAVEL INDUSTRY EVENTS

Get our toolbar!
Review www.travelandtourworld.com on alexa.com