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Rail News Home Intermodal

6/29/2011



Rail News: Intermodal

Proposed Florida 'intermodal campus' lines up project adviser


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Yesterday, real estate firm Jones Lang LaSalle announced it will serve as the exclusive project adviser for the proposed Treasure Coast Intermodal Campus (TCIC) in southwest St. Lucie County, Fla.

The more than 4,000-acre TCIC will be developed into a major logistics hub in the next 30 to 35 years; pre-development efforts now are in full swing, according to Jones Lang LaSalle. The inland port will be served by Florida East Coast Railway.

"TCIC will create an entirely new industrial model for Florida, ultimately providing a connection to direct on-dock rail service at Florida's key seaports, along with easy access to all major highways," said John Carver, head of Jones Lang LaSalle's ports, airports and global infrastructure practice, in a prepared statement.

The TCIC will be designed to accommodate intermodal traffic generated by the
Panama Canal expansion and the emergence of South America as one of the world’s largest exporters, said Jones Lang LaSalle Managing Director Steve Medwin.

"The third set of locks project in Panama, set for completion in 2014, will cause a substantial increase in seaborne cargo passing through Florida waters,” he said. “This will give the Port of Miami, Port Everglades and the Port of Palm Beach the opportunity to capture increased cargo that can then be transported directly to the new TCIC inland site for later distribution throughout Florida and into the southeast U.S."