Government Market News StaffSouth Carolina Ports plans to buy a 280-acre industrial waterfront property in North Charleston, North Carolina, that will help expand capacity at the Port of Charleston.
SC Ports’ board of directors unanimously approved the purchase of the former paper mill site that sits adjacent to the North Charleston Terminal. The deal is expected to close as soon as possible, SC Ports said.
The additional land will expand the terminal’s future capacity to 5 million containers, provide 5,000 feet of linear berth space for ships and add 400 acres of terminal space for cargo, officials said.
The purchase is part of SC Port’s plans to modernize and expand the North Charleston Terminal, which includes optimizing its layout and upgrading its cargo-handling equipment.
Plans also call for deepening the Cooper River to a 52-foot depth at the terminal. The South Carolina Department of Transportation is also replacing the Don Holt Bridge, which will remove height constraints for larger ships, SC Ports said.
“Modernizing the terminal, raising the Don Holt Bridge, deepening the Cooper River and purchasing the former WestRock property are all critical components that will yield a state-of-the-art North Charleston Terminal,” SC Ports President and CEO Barbara Melvin said in a press release.
Photo by SCPortsWebmaster
