TOLEDO (Oct. 21, 2013) – Congresswoman Kaptur helped officials of the Toledo-Lucas County Port Authority break ground for the $18 million Ironville Terminal warehouse along the Maumee River in East Toledo.
“This investment in our community’s infrastructure will mean jobs now and jobs tomorrow,” Congresswoman Kaptur said. “Combined with previous investments, the Ironville project will lock Toledo in as the multi-model transportation center of the Great Lakes region.”
The Ironville Docks warehouse will be built on a 180-acre former refinery site on Front Street and should be operational sometime next year.
“The redevelopment of this land will provide new space for unloading ships and new lay down areas for cargo, which will allow the Port of Toledo to continue as a leader on the Great Lakes,” said Paul Toth, president and chief executive officer of the port authority. “Without the help of local, state and federal agencies who believed in this project ... the redevelopment of this riverfront site would not have been possible.”
He said the warehouse project will involve 100,000 hours of skilled construction labor.
A public-private partnership, the Ironville project has used a combination of new market tax credits and state financing mechanisms in three phases:
Construction of rail line to connect to the Norfolk Southern track;
Preparation of a deep-water marine dock to accommodate barges, lake trading and ocean vessels; and,
- Installation of a multi-modal delivery system that will facilitate rapid freight unloading and handling of any dry bulk material along with a 19,000-square-foot warehouse with rail spurs and an overhead crane.
St. Lawrence Seaway Administrator Betty Sutton, a former colleague of Congresswoman Kaptur, also joined in the ceremonies to mark the final phase of construction.
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