Port Canaveral BizNotes
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Port Canaveral and GT USA officials are moving forward with cargo expansion and job creation for Central Florida. The construction of a container/general cargo terminal on the north side of the Port is proceeding after selection of a contractor at the September Commission meeting. GLF Construction will undertake a $12.8 million improvement project that includes paving, drainage, lighting, fire protection, fencing, road changes and a new security booth.  


In June, the Canaveral Port Authority signed a 35-year agreement with GT USA, a subsidiary of Gulftainer, a leading global container terminal operator, for a 20-acre terminal and a 20-acre expansion area.  


GT USA and the Port Authority voluntarily submitted the agreement to the Committee on Foreign Investment in the United States (CFIUS), part of the U.S. Department of Treasury. The review included the firm's investment partners and additional requested information. In September, the CFIUS review concluded that the transaction was a lease and not a transfer of assets. As a result of the CFIUS's conclusion, the lease was not subject to a further, detailed 45-day review.  


GT USA will work with the U.S. Coast Guard, as part of the Department of Homeland Security, and U.S. Customs in accordance with all applicable laws and requirements.  


The terminal is scheduled to begin operations in March 2015.

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Port Commissioners approved a plan to establish a Small Business Incubation and Office Center at recently purchased 101 George King Boulevard. The facility will provide reasonably priced furnished offices for maritime-related small businesses and companies that need small satellite offices at the Port.

The facility will include shared conference rooms; break rooms and other business resources. The Port Authority plans to work in the future with the Small Business Development Center, University of Central Florida, Eastern Florida State College and others to create a business incubator at the center with targeted trade and new-business support.
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The Port Authority is negotiating with Flagler Global Logistics to lease a 220,000 square-foot warehouse/distribution building that Flagler would finance and build as the first facility in its 230-acre Titusville Logistics Center. The building would have 36-foot clearance, multi-tenant flexibility, truck tailgate docks and Florida East Coast Railway direct service. The site also offers direct access to U.S. 1 and easy access to Interstate 95.

The Port Authority would be able to sublease sections of the building to its cargo customers. Currently, no Class A high-bay warehouses exist in Brevard County to support the high-volume container terminal users the Port is trying to attract. This building would be scheduled for completion in 2016.
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To offer cargo shippers location options, the Port Authority also is pursuing purchase of a 270-acre site in Cocoa to develop warehouse space. Off-site land purchases would enable the Authority to reserve on-port land for priority waterside uses.

Known as Brevard Crossings, the vacant land on State Road 524 is located near Interstate 95, 12 miles from the Port and 35 miles from Orlando International Airport. It has master planning mixed-use approval from the city of Cocoa and 100 percent environmental mitigation, allowing it to be fully developed. It is capable of supporting up to 4 million square feet of Class A high-bay logistics and distribution warehousing space.

Port staff is moving forward with due diligence on the purchase. The final decision and purchase contract will come back to the Commission for approval in upcoming months.
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The Canaveral Port Authority is in the process of preparing the 2015 Port Canaveral Report/Directory, which will contain 2014 Port statistics, success stories, future plans and a list of tenants, subtenants and maritime services. 

The American Association of Port Authorities chose the 2013 and 2014 issues for its prestigious Communications Awards of Recognition and Distinction, respectively. This awards competition includes entries from some of the largest ports in the western hemisphere. 

Advertising in the Report/Directory gives businesses an opportunity to showcase their products or services and share in Port Canaveral's phenomenal growth. 

More than 20,000 people read the printed Report/Directory every year. It's also used for Port business development and distributed at public meetings and events. An electronic interactive version with embedded videos is posted on the Port web site, which receives thousands of visits per month. Advertisers also are included in the emailed electronic version with hot links to email and web site addresses in their ads and an option to add extra impact with a video or slide show of their own. 

For advertising information, please contact the publisher, Wolf Jessee Paquin Communications, at 321-633-7576 or via email. 

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