JACKSONVILLE, Fla., Oct. 30, 2024 (GLOBE NEWSWIRE) — CSX (NASDAQ: CSX) right now introduced that the five hundred+ acre RailPort Logistics Cell in Cell, Alabama, has been designated as a Platinum CSX Choose Website.
Choose Websites are development-ready properties alongside the CSX community the place customary land use concerns and complete due diligence gadgets have been beforehand addressed. These properties can meet the wants of all kinds of producers, considerably lowering the time required to assemble industrial amenities and in the end bringing merchandise to market.
Cell is a hotspot for industrial progress with the latest expansions on the Port of Cell. The five hundred+ acre RailPort Logistics Cell park is ripe with alternatives for industrial customers who must harness the advantages of rail and proximity to the port. The property is lower than three miles from two separate interchanges on Interstate 10.
Within the preliminary part of the event, Scannell Properties will deal with roughly 390 acres. Roughly 149 acres are to be put aside for conservation and the rest is deliberate for 9 industrial buildings, no less than 4 of which may have rail service by CSX. Additional, Scannell Properties has plans to take a position roughly $15 million for transportation infrastructure upgrades that will even profit the neighboring Todd Acres Industrial Park.
CSX launched the Choose Website program in 2012 to higher serve new and present clients on its community and people of its quick line companions. CSX works with Austin Consulting, a nationally recognized site-selection consulting agency, to display candidate websites and help communities with the appliance and certification course of.
To obtain the Platinum CSX Choose Website designation, the placement should meet a rigorous listing of standards, together with infrastructure and utility availability, environmental evaluations, acceptable zoning and entitlement, air high quality allowing, rail serviceability, proximity to highways or interstates, and different attributes.
Since their roll out in 2012, Choose Websites have attracted dozens of producers, with capital investments projected to succeed in $17.7 billion and understand practically 14,000 new jobs.
The RailPort Logistics Cell web site is now the fourth web site in Alabama to have obtained the Platinum CSX Choose Website designation since 2012. This property is one in all 28 properties throughout CSX’s service territory to have met this rigorous web site choice standards over this system’s historical past.
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Alabama and the Gulf Coast are essential to our day-to-day operations as we join communities throughout our huge rail community to the worldwide market. The Choose Website in Cell will assist drive financial progress regionally, create jobs, and supply revolutionary logistics options to the communities by which we stay and work. “ Christina Bottomley, CSX, Vice President of enterprise improvement and actual property
Austin Consulting has been impressed with the responses we obtained throughout this web site vetting course of. Insurance policies in place on the metropolis and county stage have created a real business-friendly setting. Additional, whereas many areas throughout the nation have restricted capability for a number of utilities, Cell can meet the utility calls for of virtually all business sectors. “ Jonathan Gemmen, Austin Consulting, Senior Director
Having a chosen Platinum CSX Choose Website in our metropolis underscores Cell’s repute as a rising logistics hub that may serve any business. With a thriving deepwater transport port, 5 Class 1 railroads, two main interstates, and a world airport, we’re well-equipped to satisfy the wants of any producer trying to thrive on this area. We’re grateful to business leaders like Scannell Properties and CSX for his or her dedication to supporting continued financial progress in our group. Collectively, we’re paving the way in which for brand spanking new alternatives, new jobs and a brighter future for Cell. “ Mayor Sandy Stimpson, Metropolis of Cell
RailPort Logistics Cell being named a Platinum CSX Choose Website acknowledges Scannell Properties’ dedication to finest practices in facility improvement and operations. It is one other plus for Cell County’s rising logistics infrastructure, “ Randall Dueitt, Cell County Fee, President
“The Platinum CSX Choose Website designation for RailPort Logistics Cell is an amazing milestone for our area. This recognition additional solidifies Cell’s place as a premier vacation spot for industrial improvement, offering producers with the infrastructure and logistics they want to reach right now’s market. “ Bradley Byrne, Cell Chamber, President and CEO
Scannell is thrilled to announce this dedication to Alabama’s future progress and to convey actual property options not solely to the native market, however to the worldwide provide chain. We sit up for a continued and fruitful partnership with the Port Authority, the State of Alabama, the Metropolis of Cell, and Cell County. “ Bob Scannell, Scannell Properties, President and Co-Founder
About CSX
CSX, primarily based in Jacksonville, Florida, is a premier transportation firm. It gives rail, intermodal and rail-to-truck transload companies and options to clients throughout a broad array of markets, together with power, industrial, building, agricultural and client merchandise. For practically 200 years, CSX has performed a essential function within the nation’s financial enlargement and industrial improvement. Its community connects each main metropolitan space within the japanese United States, the place practically two-thirds of the nation’s inhabitants resides. It additionally hyperlinks greater than 240 short-line railroads and greater than 70 ocean, river and lake ports with main inhabitants facilities and farming cities alike. Extra details about CSX Company (NASDAQ:) and its subsidiaries is out there at www.csx.com. Like us on Fb (NASDAQ:) (http://fb.com/OfficialCSX) and observe us on X, previously often known as Twitter (http://twitter.com/CSX).
Contact:
Matthew Korn, CFA, Investor Relations
904-366-4515
Austin Staton, Media Relations
855-955-6397
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