Amtrak & USDOT: New York Penn Station Rail Transformation Strategy

Introduction

The U.S. Department of Transportation (USDOT) and Amtrak have announced three key milestones for the New York Penn Station “Transformation” Project, with construction slated to begin by the end of 2027. The project aims to modernize operations and enhance the passenger experience at the station.

Project Goals and Strategy

The project’s objective is to transform New York Penn Station into a world-class transit hub, improving the passenger experience and fostering private investment. A Public-Private Partnership (P3) approach is planned to streamline approvals, maximize revenue potential, and proactively manage project risks. Legal advisory services will be provided by Hunton Andrews Kurth LLP, with KPMG offering financial advisory services, and AKRF serving as the environmental consultant. A Service Optimisation Study has been launched to investigate methods for accommodating passenger growth at Penn Station and throughout the surrounding region.

Passenger and Operational Data

In fiscal year 2024, New York Penn Station accommodated over 12 million passengers. This represents nearly 18% of the total Amtrak ridership and almost 45% of Northeast Corridor travel. The station facilitates over 1,000 daily train movements across 21 tracks, serving Amtrak, NJ TRANSIT, and Long Island Rail Road.

Recent Developments

Earlier this year, the USDOT and Amtrak assumed control of the Penn Station overhaul from the New York Metropolitan Transportation Authority (MTA). Additionally, grant funding was announced to support permitting, preliminary engineering, and master developer solicitation.