Baltimore Business JournalDecember 14, 2017

“Amtrak has selected a team led by Michael Beatty to redevelop the 107-year-old Penn Station and surrounding properties into a mixed-use project that could include a new hotel.

Penn Station Partners — comprised of Beatty Development Group, Armada Hoffler Properties, Cross Street Partners, Gensler, WSP USA, Network Rail Consulting and Mace Group — was selected over two other teams to perform the 1.6-million-square-foot redevelopment. Preliminary concepts include a hotel in the historic station head house, as well as office and residential space to the north along Lanvale Street connected by an expanded concourse with new retail opportunities… The team also includes JLL, HR&A Advisors, Charles Belfoure, Cho Benn Holback, Stifel, Nicolaus & Co., RK&K and Younts Design…”

https://www.bizjournals.com/baltimore/news/2017/12/14/exclusive-amtrak-selects-team-led-by-beatty.html?ana=e_bal_bn&u=vP9ufgdBqiBcNC6Oubbrwg06ae4fee&t=1513350697&j=79341261

Amtrak selects team led by Beatty Development for Penn Station overhaul – Baltimore Business Journal