Real Estate & Property Law

North Charleston Rail Plans

By Alan Ackerman

In the linked article, which is simply a press release from the Perryman Group, a description of the balancing act of costs and benefits is outlined. Two alternative proposals are described in the article. The Perryman Group, which prepared the plan for CSX Transportation in the City of North Charleston, urged the preference over potential rail sitings.  In reading this, one must remember that the organization that performed the consulting for CSX released the attached.

prnewswire.com

The commercial rail plan calls for the construction of an intermodal rail hub and warehousing facilities to be jointly developed by CSX and Shipyard Creek Associates, primarily to serve the new container terminal being constructed on the former Navy base in North Charleston. It would also remove 3.2 miles of CSX rail lines running through the city, build about half a mile of new track, and renovate another half-mile of mostly unused track.

The Perryman Group analyzed the state rail plan for the Noisette/Clemson tract and concluded it would result in $426 million in reduced output and 4,963 lost jobs once it is fully operational.
Blog\National\North Charleston Rail Plans

Full post as published by National Eminent Domain Blog on September 20, 2010 (boomark / email).