Finalists Named for CUS Development

Amtrak said it has selected four finalists who will compete to be named the master developer for commercial elements of Chicago Union Station and neighboring properties owned by Amtrak.

Amtrak logoAmong them are:

  • Chicago Union Station Partners: Macquarie Corporate Holdings Pty, Ltd, Golub & Company LLC, and Walsh Investors, LLC. Primary General Contractor: Walsh Construction Company II, LLC; Master Plan and Architect: Gensler Architecture, Planning & Design P.C.; Engineering: Arup; Operations & Maintenance: Golub & Company LLC.
  • JLL Consortium: Jones Lang LaSalle Americas Inc., John Buck Company Fund V, Chicago Union Station Development Company, LLC, LaSalle Investment Management, Inc.; Design & Engineering: Pelli Clarke Pelli, Arup, Studio Gang; Operations & Maintenance: John Buck Co.; Property Management: Jones Lang LaSalle Americas Inc.
  • Riverside: Riverside Investment & Development; Structural Engineer: Magnusson Klemencic Associates; Rail Operations Interface Manager & Civil Engineer: WSP Parsons Brinkerhoff; Construction Management: Clark Construction Group; Operations, Maintenance & Retail Concession Manager: CBRE Inc.; MEP and Technology Engineer: ESD Global.
  • Sterling Bay LLC: SB Capital Partners II, LP, SBCP II Qualified Purchasers, LP; Design–Build Contractor: James McHugh Construction Co.; Design & Engineering: Skidmore, Owings & Merrill LLP; Operations & Maintenance: Sterling Bay LLC.

Amtrak said in a news release that the area to be developed incorporates 14.07 acres, which includes 613,075 square feet of land and 1,328,804 total square feet of building area.

The tract also includes 1,679 parking spaces and 3 million total buildable square feet of excess air-rights.

Working with Amtrak on the project are the City of Chicago, Metra commuter rail and the Regional Transportation Authority, and consulting firm KPMG.

“We are excited to be a step closer to securing a master developer to assist us in realizing the full potential of Chicago Union Station and our other Chicago properties,” said Bart Bush, Amtrak vice president, asset and real estate development, in a statement.

Eleven months ago, Amtrak sought local, regional and national developers interested in the opportunity to redevelop the station and adjacent land as well as improvements to passenger and employee facilities.

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