Make us your home page
Instagram

Port of Tampa prepares for expansion with $8.9 million purchase of 110 acres

TAMPA — Florida's largest port just got bigger.

The Tampa Port Authority purchased 110 acres alongside Port Redwing for $8.9 million on Thursday, setting the stage for expansion at the port's southernmost facility near Gibsonton.

"Land is one of our strengths as a port ... as we are able to grow in size as well as in our diverse portfolio," said Port Director and CEO Richard Wainio in a prepared statement.

The land was purchased from South Bay Corp. and Industrial Park, Inc., the authority said. Adding land is part of the Port of Tampa's long-range plan.

The acquisition will allow the port to "develop the land for cargo terminals and distribution, as well as cargo generating industrial manufacturing activities," according to the authority. The Port Authority hopes the expansion will help attract new business.

The port already handles petroleum, phosphates, cargo containers and cruise ship passengers and takes in 40 percent of Florida's sea cargo. But in the past five years its total tonnage has dropped by 14 million tons, to 34 million tons.

The new land will allow the port to connect a rail line from the CSX mainline track to Port Redwing to speed the unloading of cargo.

That's why the Port Authority is already working on a new rail line and roadway that will connect Interstate 4 and the Lee Roy Selmon Expressway.

Port of Tampa prepares for expansion with $8.9 million purchase of 110 acres 07/27/12 [Last modified: Friday, July 27, 2012 10:24pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. With successful jewelry line, Durant High alum Carley Ochs enjoys 'incredible ride'

    Business

    BRANDON

    As a child Carley Ochs played dress up, draped in her grandmother's furs.

    Founder Carley Ochs poses for a portrait in her Ford Bronco at the Bourbon & Boweties warehouse in Brandon, Fla. on September 19, 2017. Ochs is a Durant High and Florida State University graduate.
  2. At Menorah Manor, planning paid off during Irma

    Nursing Homes

    ST. PETERSBURG — Doris Rosenblatt and her husband, Frank, have lived in Florida all of their lives, so they know about hurricanes.

    Raisa Collins, 9, far left, works on a craft project as Certified Nursing Assistant Shuntal Anthony holds Cassidy Merrill, 1, while pouring glue for Quanniyah Brownlee, 9, right, at Menorah Manor in St. Petersburg on Sept. 15. To help keep its patients safe during Hurricane Irma, Menorah Manor allowed employees to shelter their families and pets at the nursing home and also offered daycare through the week. The facility was able to accommodate and feed everyone who weathered the storm there. [LARA CERRI   |   Times]
  3. After Irma, nursing homes scramble to meet a hard deadline

    State Roundup

    TALLAHASSEE — Florida's nursing homes and assisted-living facilities find themselves in an unfamiliar place this week — pushing back against Gov. Rick Scott's administration over new rules that require them to purchase generator capacity by Nov. 15 to keep their residents safe and comfortable in a power …

    In this Sept. 13 photo, a woman is transported from The Rehabilitation Center at Hollywood Hills as patients are evacuated after a loss of air conditioning due to Hurricane Irma in Hollywood. Nine have died and patients had to be moved out of the facility, many of them on stretchers or in wheelchairs. Authorities have launched a criminal investigation to figure out what went wrong and who, if anyone, was to blame. [Amy Beth Bennett | South Florida Sun-Sentinel via AP]
  4. Trigaux: How Moffitt Cancer's M2Gen startup won $75 million from Hearst

    Business

    TAMPA — A Moffitt Cancer Center spin-off that's building a massive genetic data base of individual patient cancer information just caught the attention of a deep-pocketed health care investor.

    Richard P. Malloch is the president of Hearst Business Media, which is announcing a $75 million investment in M2Gen, the for-profit cancer informatics unit spun off by Tampa's Moffitt Cancer Center. Malloch's job is to find innovative investments for the Hearst family fortune. A substantial amount has been invested in health care, financial and the transportation and logistics industries.
  5. Three-hour police standoff ends, thanks to a cigarette

    News

    TAMPA — A man threatening to harm himself was arrested by Tampa police on Tuesday after a three-hour standoff.