State and Local Dignitaries Break Ground on Belfast Commerce Centre
07 Dezembro 2012 - 7:15PM
Business Wire
The Development Authority of Bryan County, in partnership with
TerraPointe, the real estate subsidiary of Rayonier (NYSE: RYN),
held a groundbreaking ceremony today for Belfast Commerce Centre.
Lieutenant Governor Casey Cagle and other state and local
dignitaries were present to commemorate the event.
Lieutenant Governor Casey Cagle and other
state and local dignitaries break ground on Belfast Commerce
Centre. Pictured (L to R): Griff Lynch, COO – Georgia Ports
Authority; Steve Croy, Chairman – Development Authority of Bryan
County; Commissioner Jimmy Burnsed, Chairman – Bryan County
Commission; Casey Cagle; Paul Boynton, Chairman, President and CEO
– Rayonier; state Senator Buddy Carter; state Representative Ann
Purcell; Harold Fowler, Mayor – City of Richmond Hill; state
Representative Ron Stephens.
The 1,100-acre industrial park, the largest rail-served site in
the Savannah market, is approved for 10.5 million square feet of
industrial, manufacturing, warehousing, distribution, office and
commercial property.
“With the potential to create more than 7,500 new jobs, Belfast
Commerce Centre is an exciting economic development opportunity for
the State of Georgia,” said Lieutenant Governor Cagle, “We must
continue to work together to encourage business growth, attract
capital investment, and create high-wage jobs for Georgians.”
Belfast Commerce Centre has two miles of I-95 frontage, 1.5
miles of frontage on the Riceboro/Southern Railroad Line, and
direct access – 16 miles – to the Port of Savannah. It is an
attractive location for major manufacturers and other companies
that can benefit from the site’s location and transportation
advantages. Further strengthening the site’s marketability, the
Federal Highway Administration recently approved a proposed
interchange at Belfast Keller Road that would provide direct access
to I-95.
“Today, Belfast Commerce Centre, Bryan County’s first
rail-served industrial park, is open for business and is ripe for
significant industrial growth,” stated F.J. “Josh” Fenn, executive
director of the Development Authority of Bryan County. “This will
be an outstanding compliment to our successful Interstate Centre.
Bryan County can now offer industrial sites on both I-16 and I-95,
one of very few counties in the country that can offer industrial
parks on two different interstates.”
As Georgia’s first recipient of a CSX Select Site designation,
Belfast Commerce Centre has been certified as development-ready.
This designation ensures the site has met a set of rigorous
criteria and is ready for rapid development, reducing risk for
companies seeking to expand or locate their operations there.
“Future industrial and commercial development in Bryan County
will broaden and diversify our tax base, reducing our reliance on
residential ad valorem taxes to fund local government services,”
said Harold Fowler, Mayor of the City of Richmond Hill.
“We are grateful for the strong support from federal, state and
local partners who have helped us reach this milestone on this
important economic development project,” said Paul Boynton,
chairman, president, and CEO of Rayonier, “I would like to
especially thank our local partners in Bryan County and the City of
Richmond Hill for their unyielding commitment to leverage the
unique assets here at Belfast Commerce Centre.”
About Development Authority of Bryan County:
The Development Authority of Bryan County Serves as the Economic
Development arm of The Bryan County Government and the Cities of
Pembroke and Richmond Hill.
About TerraPointe:
TerraPointe LLC, Rayonier Inc.’s real estate subsidiary,
executes Rayonier’s real estate value creation strategy by
acquiring and entitling properties for residential, commercial and
industrial uses, master planning and permitting for future
communities, and marketing of higher and better use properties.
About Rayonier:
Rayonier is a leading international forest products company with
three core businesses: Forest Resources, Real Estate and
Performance Fibers. The company owns, leases or manages 2.7 million
acres of timber and land in the United States and New Zealand. The
company's holdings include approximately 200,000 acres with
residential and commercial development potential along the
Interstate 95 corridor between Savannah, Ga., and Daytona Beach,
Fla. Its Performance Fibers business is one of the world's leading
producers of high-value specialty cellulose fibers, which are used
in products such as filters, pharmaceuticals and LCD screens.
Approximately 45 percent of the company's sales are outside the
U.S. to customers in approximately 40 countries. Rayonier is
structured as a real estate investment trust. More information is
available at www.rayonier.com.
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