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Cost of port expansion nearing $1 billion?

Post by Kelly Kearsley on July 31, 2007 at 1:18 pm |
July 31, 2007 1:18 pm

In today’s legal notices, the Port of Tacoma is soliciting a surveying firm for its expansion projects on the east side of the Blair Waterway.


The notice puts the preliminary construction budget for the associated marine terminals, road and rail infrastructure at $900 million.


The terminal for NYK Line will cost $300 million, the port said. And moving the TOTE terminal to make room for NYK will cost another $160 million.


That leaves $440 million for the rest of the work.


Quite a pricey project.


I’ve got a call into Port officials for a better breakdown of the entire cost of the expansion. I’ll let you know when I find out.


In the meantime, I’ve received some interesting responses from readers regarding Sunday’s port expansion story.


They include:


- Questions about how Tacoma Rail will handle the influx in cargo.

– Disbelief that the port commission won’t raise the tax.

– Concern about the environmental effects on the expansion, the increased traffic, the cost of the expansion, etc.

– And one very enthusiastic “Thank God for the Port of Tacoma.”


I’m working several follow up stories to these questions and more. I’ll keep you posted.

Categories:
Port and Trade
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