Gulf Inland signs initial user land sales
Gulf Inland Logistics Park (GILP), a 1,050-acre industrial and commercial development located near Dayton, has signed initial user land sales with two international specialty chemical companies.
Gulf Inland Logistics Park will eventually include over 10 million square feet of rail-served industrial facilities, with dual rail-service from both the Union Pacific and Burlington Northern Santa Fe railroads and in-park railcar storage for over 1,850 railcars.
Both tenants will be utilizing their new facilities at Gulf Inland to improve supply chain logistics, expand business opportunities, and achieve cost synergies.
The GILP is located adjacent to the existing Union Pacific and BNSF Railway railcar storage in transit facilities, which total over 9,500 combined railcar spaces. Gulf Inland will have dual rail-service from both the UP and BNSF railroads via a turnout on the Baytown Branch line and in-park railcar storage for over 1,850 railcars. Gulf Inland features strong highway access to major logistics centers, including the Port of Houston and George Bush Intercontinental Airport. Gulf Inland has direct access to US Highway 90 and State Highway 146.
Gulf Inland sits within Tax Increment Reinvestment Zone No. 2 (TIRZ) in Liberty County which was established in May of this year and recently appointed a Board consisting of 9 local stakeholders. The strong support of the City of Dayton and Liberty County through the TIRZ has allowed Gulf Inland to accelerate its development, and the Park has a growing backlog of prospective tenants.
Marcus Goering, CEO of CMC Railroad, the owner of Gulf Inland, said in a statement, “We are excited to break ground on these initial sales, and see the pace of development accelerating into 2019. Gulf Inland provides tenants a uniquely advantaged location for rail-served industrial facilities, with convenient access to all other major forms of transportation, including road, sea and air, as well.”
Goering was unavailable to answer questions and name the two companies, or give details on their profile, particularly what kind of chemicals will be on the property.