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Rail News: Intermodal
3/30/2012
Rail News: Intermodal
Lease agreement clears path for new NS intermodal terminal at Charlotte airport
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Norfolk Southern Corp. and the city of Charlotte, N.C., recently signed a lease agreement that will enable construction to begin on a new regional intermodal facility at Charlotte Douglas International Airport.
The agreement culminates years of planning, city officials said in a prepared statement. The project first was envisioned in 1997 in the airport's strategic development plan.
To be built by NS, the $90 million intermodal terminal is scheduled to open in 2014. The facility will replace a 40-acre intermodal terminal along North Davidson and North Brevard streets in Charlotte. By relocating to the airport, NS can expand its terminal to 200 acres and remove more trucks off busy city streets, city officials said.
Land has already been graded for the facility, which will be built along the southern end of the airport’s center parallel runway and 40 feet underneath two taxiway bridges. Tracks will extend a mile along the airfield.
The facility is expected to generate $9 billion in economic benefits over the next 20 years, city officials said. Federal and state dollars totaling $15.7 million will help fund the terminal. The Federal Highway Administration, U.S. Department of Transportation, North Carolina Department of Transportation and city provided “extensive help” in planning the facility, city officials said.
The agreement culminates years of planning, city officials said in a prepared statement. The project first was envisioned in 1997 in the airport's strategic development plan.
To be built by NS, the $90 million intermodal terminal is scheduled to open in 2014. The facility will replace a 40-acre intermodal terminal along North Davidson and North Brevard streets in Charlotte. By relocating to the airport, NS can expand its terminal to 200 acres and remove more trucks off busy city streets, city officials said.
Land has already been graded for the facility, which will be built along the southern end of the airport’s center parallel runway and 40 feet underneath two taxiway bridges. Tracks will extend a mile along the airfield.
The facility is expected to generate $9 billion in economic benefits over the next 20 years, city officials said. Federal and state dollars totaling $15.7 million will help fund the terminal. The Federal Highway Administration, U.S. Department of Transportation, North Carolina Department of Transportation and city provided “extensive help” in planning the facility, city officials said.
