SC Ports Authority set to purchase former paper mill site in North Charleston
NORTH CHARLESTON, S.C. – The South Carolina Ports Authority has announced its intent to acquire the former WestRock paper mill site in North Charleston with the goal of enlarging port capacity. The anouncement came to light after the SC Ports Authority Board of Directors voted to proceed with the purchase sales agreement last Tuesday.
Partnership with WestRock: A Step Towards Economic Growth
A partnership between the state and WestRock has facilitated the decision, enhancing the capacity for investment in the future of South Carolina’s economy. “The tremendous backing from our state and an excellent partnership with WestRock allow us to make investments today that will support our state’s economy and create opportunities for future generations of South Carolinians,” said Barbara Melvin, SC Ports President and CEO.
Impact of the Expansion: Enhancing Cargo Handling Ability
WestRock made the decision in May to close the roughly 280-acre facility. The proposed expansion will empower the port to accommodate 5 million containers in future, an upgrade meant to enhance South Carolina’s competitiveness in the Southeast region. The development involves the creation of around 400 acres of terminal space for cargo and 5,000 feet of linear berth space for container ships.
Role of South Carolina Department of Transportation
The South Carolina Department of Transportation (SCDOT) is playing a significant role in this project. As part of the expansion project for Interstate 526, SCDOT has plans to replace the Don Holt Bridge. This structural enhancement will allow larger vessels into the port, further increasing its capacity.
Transaction Progress: Set to Commence Soon
The process for the purchase of the former WestRock paper mill site is progressing steadily. As mentioned by the officials, the transaction is set to close “as soon as practical.” This initiative marks a significant step for the ports industry in South Carolina, forecasting brighter prospects for the state’s economy and port-related business opportunities.
Related News: Union Pier Property Sold
On a related note, the Union Pier property has recently been sold to a Lowcountry businessman. This event serves as another indicator of the increasing investment and interest in the regions ports and related infrastructure.
